TikTok confirms agreement with Oracle, Walmart; says Oracle will host all US user data
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TikTok, a video-sharing app owned by Chinese company ByteDance, has confirmed an agreement with Oracle and Walmart, earlier announced by US President Donald Trump. We are pleased that the proposal by TikTok, Oracle, and Walmart will resolve the security concerns of the US Administration and settle questions around TikTok`s future in the US, a TikTok spokesperson said in a statement.