The U.S. Department of Commerce announced that TikTok and WeChat will not be available in U.S. mobile app stores from Sunday. Commerce Secretary Wilbur Ross said that TikTok will be available for continued access if a deal (potentially with Oracle) is signed to safeguard data by Nov. 12.
- Bloomberg reported that ByteDance and Oracle agreed on changes proposed by the U.S. Treasury Department. The specifics of the changes are as-yet unknown.
- WaPo reported that, according to the new terms, TikTok will go public within a year to increase its operational transparency.
- The Committee on Foreign Investment in the U.S. has sent a letter to Epic Games and Riot Games, soliciting information about their data security protocols.
- TikTok is in preliminary talks with former Instagram CEO Kevin Systrom for its CEO position. Vanessa Pappas is acting as the interim CEO after Kevin Mayer resigned in late August.