Summary:
- TikTok, the popular social media app, has reached a deal with the U.S. government to avoid being banned in the country.
- The deal involves TikTok's parent company, ByteDance, partnering with the U.S. tech company Oracle to address the government's concerns about national security and data privacy.
- The agreement will allow TikTok to continue operating in the U.S., while ensuring that American user data is stored and managed by Oracle, a trusted U.S. company.