TikTok Faces Major Shift: Oracle and Microsoft in Advanced Talks
The server networks which support TikTok operate through Oracle's existing infrastructure responsibilities. The deal's success would grant Oracle access to perform direct oversight of TikTok's data processing and content control methods while the administration tackles data protection issues linked to Chinese ownership.
ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.
The Trump administration is denying it, but Trump previously said he'd like to see the software company take it over.
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A potential deal to restructure TikTok’s ownership could reshape its global operations, minimising Chinese influence while ...
President Donald Trump has denied holding talks with Oracle (ORCL) about a TikTok deal, saying that he has “spoken to many people about ...
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