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TikTok Agreement authorises application to work in US

The Chinese application, TikTok, for short videos, and the American company, Oracle, have reached a preliminary agreement according to which the company will be its technical provider in the United States and Walmart, the trading partner, prior to the enforcement of a federal ban on the Chinese company that owns the application. Oracle

This is why Tik Tok chose Oracle instead of Microsoft

ByteDance founder and CEO Yiming Zhang s decision to drop his pursuit of a sale of TikTok s U.S. operations to Microsoft in favor of a partnership with Oracle was the culmination of pressure from the Beijing-based firm s investors as it searched for a deal to appease the United States and China,