Facing a ban in America, TikTok says it has a deal with Oracle that will meet the U.S. government's ... [+] demands. It's unclear exactly what that agreement entails, a problem for the influencers who rely on TikTok fame to earn money. On that date next week, Trump’s first executive order goes into effect, prohibiting any U.S. company from doing business with TikTok. No one knows what’s going on,” says Michael Gruen, a cofounder of TalentX, a talent agency of social media stars. And not just because a Microsoft deal was reportedly going to be more straightforward, likely coming with greater clarity about the future.

Source: Forbes September 15, 2020 12:44 UTC