TikTok Won’t Be Banned, Social Media App Partners with Oracle-Walmart in New Deal

TikTok is here to stay!

Just hours before the social media app was set to be banned in the United States, TikTok agreed to partner with Oracle and Walmart. Oracle will now be responsible for data and cloud storage, the company announced in a statement.

“As a part of this agreement, TikTok will run on the Oracle Cloud and Oracle will become a minority investor in TikTok Global,” said Oracle CEO Safra Catz. “Oracle will quickly deploy, rapidly scale, and operate TikTok systems in the Oracle Cloud. We are a hundred percent confident in our ability to deliver a highly secure environment to TikTok and ensure data privacy to TikTok’s American users, and users throughout the world. This greatly improved security and guaranteed privacy will enable the continued rapid growth of the TikTok user community to benefit all stakeholders.”

After the deal, the interim head of TikTok Vanessa Pappas released a message on Instagram, saying they “aren’t going anywhere.”

“We’re humbled and grateful for your continued support! And we are excited to confirm that we aren’t going anywhere!” the message reads. TikTok will remain a home for each and every one of you. So keep on sharing these daily moments that bring us all laughter and joy. #WeAreTikTok and we are just getting started!”

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#WeAreTikTok and we are here to stay!

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View this post on Instagram

#WeAreTikTok and we are here to stay!

A post shared by TikTok (@tiktok) on

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