TikTok-Oracle deal approved, temporary block on WeChat ban
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President Donald Trump approved a deal for Oracle and Walmart to acquire stakes in the US operations of popular video app Tiktok.
Postponing a potential ban that was scheduled to go into effect on Sunday.
The deal which still requires the approval of the Chinese government.
Came just hours before a ban on new downloads of TikTok was set to take place.
According to Bloomberg, Chinese officials have indicated the government is willing to approve an agreement as long as bytedance doesn't have to give up the artificial intelligence algorithms behind the app.
Despite the Tiktok deal seemingly going through the question of WeChat still remains Early Sunday, a US judge temporarily blocked the Trump administration order requiring Apple and Google to remove the Chinese own messaging app WeChat from their app stores.
US Magistrate Judge, Laurel Bayla in San Francisco said in an order that we chat users who filed a lawsuit have shown serious questions going to the merits of the First Amendment claim.
The balance of hardships tips in the plaintiffs favor.
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And finally after the first round of PlayStation 5 pre orders sold out rapidly, Sony has apologized and promised it will release more consoles for preorder.
In a Saturday tweet, Sony said it would release the PS5s over the next few days and that retailers would provide specifics The company also said more of the consoles would be available through the end of 2020, and admitted that the pre-order process could have been a lot smoother.
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