U.S. to Ban TikTok Downloads, Use of WeChat on Sunday The Trump administration said it will ban downloads of TikTok and the U.S. use of China’s popular messaging and payments app WeChat after Sunday night over national security and data privacy concerns.

Oracle, Walmart Aim for Significant Stakes in TikTok Backers of plans for Oracle to join with TikTok to create a new U.S. company for the video-sharing app are working on a new ownership structure aimed at alleviating U.S. concerns over Chinese control.

U.S. Stocks Waver as Investors Brace for Volatile Trading Major indexes wobbled but remained on track to finish another tumultuous week with slim gains, as investors braced for a choppy session ahead of the simultaneous expiration of an array of stock futures and options contracts.