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Oracle wins TikTok over Microsoft in Trump-urged bid
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Oracle wins TikTok over Microsoft in Trump-urged bid
The owner of TikTok has chosen Oracle over Microsoft as the American tech partner that could help keep the popular video-sharing app running in the U.S., according to a source familiar with the deal who was not authorized to speak publicly about it.
Microsoft announced Sunday that its bid to acquire TikTok’s U.S. operations was rejected, removing the tech giant from the running a week before
President Donald Trump promises to follow through with a plan to ban the Chinese-owned app in the U.S. over spying concerns.
TikTok and the White House declined to comment Sunday. Oracle didn’t return a request for comment but has previously declined comment.
Walmart, which had planned to partner with Microsoft on the acquisition, said Sunday it “continues to have an interest in a TikTok investment” and is talking about it with ByteDance and other parties.
The Trump administration has threatened to ban TikTok by Sept. 20 and ordered ByteDance to sell its U.S. business, claiming national-security risks due to its Chinese ownership. The government worries about user data being funneled to Chinese authorities. TikTok denies it is a national-security risk and is suing to stop the administration from the threatened ban.
Sumur
Nah man akhirnya takluk sama us
Microsoft announced Sunday that its bid to acquire TikTok’s U.S. operations was rejected, removing the tech giant from the running a week before
President Donald Trump promises to follow through with a plan to ban the Chinese-owned app in the U.S. over spying concerns.
TikTok and the White House declined to comment Sunday. Oracle didn’t return a request for comment but has previously declined comment.
Walmart, which had planned to partner with Microsoft on the acquisition, said Sunday it “continues to have an interest in a TikTok investment” and is talking about it with ByteDance and other parties.
The Trump administration has threatened to ban TikTok by Sept. 20 and ordered ByteDance to sell its U.S. business, claiming national-security risks due to its Chinese ownership. The government worries about user data being funneled to Chinese authorities. TikTok denies it is a national-security risk and is suing to stop the administration from the threatened ban.
Sumur
Nah man akhirnya takluk sama us
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