Search
Close this search box.
Search
Close this search box.

TikTok will Partner with Oracle in US after Microsoft Loses Bid

TikTok

Oracle, a US-based computer technology company, is set to become a business partner in the US operations of the small video-sharing app TikTok, surpassing Microsoft.

But in the end, the governments of the two countries will decide whether the contract of the Chinese company BiteDance, which owns Tiktok, will be finalized with Oracle, reports Deutsche Welle.

The news comes after weeks of speculation about the Chinese app’s future in the United States, CNN reports. President Donald Trump has demanded the app be sold, or else shut down in the US.

A month ago, US President Donald Trump announced that several Chinese apps were stealing US data. Internal security in the US is being compromised for those Chinese apps. Trump said apps like TikTok would be banned in his country by mid-September. However, if a US company buys it, it may not be banned.

Following Trump’s announcement, tech giant Microsoft began preparations to buy TikTok’s responsibility for US operations. The tech world had speculated that Microsoft would also buy TikTok at the September auction. Microsoft also took part in the auction on Sunday. But on Sunday night, Microsoft announced that their auction had been canceled. Shortly afterwards, another US tech giant, Oracle, set up a platform with a consortium or a number of companies to buy US shares of TikTok from ByteDance.

Experts do not think that the bite-dance agreement with Oracle has been sold. According to them, Oracle is responsible for running TikTok in the US and its information. ByteDance will not interfere there, as is the agreement.

However, there is considerable doubt as to whether the ByteDance deal with Oracle will be fruitful. The agreement will only be finalized if the US and Chinese administrations give the green light. At the moment, the relationship between the US and China has reached a point where many people think that the two heads of state may not give a waiver to the agreement.

In particular, according to Donald Trump’s close aides, the US president wanted Microsoft Nick to be in charge of the tick. Experts believe that the way Oracle has taken over the responsibility of forming the consortium could create considerable complications.


Subscribe to Our Newsletter

Related Articles

Top Trending

Uncensored Anime
15 Best Uncensored Animes to Watch in 2024 [Ranked]
chad dobermans wife
The Untold Story of Chad Doerman's Wife: Where is Laura Now?
Taylor Swift Shares Emotional Singapore Connection
Taylor Swift Shares Emotional Singapore Connection on Eras Tour
Sam Altman Clarifies no Ai Creatures in Development
OpenAI's Sam Altman Clarifies: No AI "Creatures" in Development
Ugly Movie Characters
15 Most Ugly Movie Characters You Have Ever Seen [Ranked]

LIFESTYLE

Taurine Key to Extending Life Research Finds
Taurine: The Secret Ingredient for a Longer Life? Latest Research Insights
Strategies to Beat Procrastination
Beat Procrastination: Effective Strategies to Stay Productive!
Egyptian Cotton Sheets for Your Bed
A Beginner's Guide to Choosing the Perfect Egyptian Cotton Sheets for Your Bed
Long Lehenga Choli
Elegance Redefined: Navigating the Diverse World of Long Lehenga Choli Designs
valentines day outfits
Top 20 Trendy Valentine's Day Outfits in 2024 For Every Occasion

Entertainment

Uncensored Anime
15 Best Uncensored Animes to Watch in 2024 [Ranked]
Taylor Swift Shares Emotional Singapore Connection
Taylor Swift Shares Emotional Singapore Connection on Eras Tour
Ugly Movie Characters
15 Most Ugly Movie Characters You Have Ever Seen [Ranked]
Stelle Ciccone
The Inspiring Journey of Stelle Ciccone: Madonna's Adopted Daughter
Hailey Bieber Justin 30th Birthday Tribute
Hailey Bieber's Sweet 30th Birthday Tribute to Justin: 'Love of My Life, for Life'

GAMING

Nintendo lawsuit Rhode Island Game Piracy
Nintendo Takes Legal Action Against Rhode Island Company Over Game Piracy Claims
Best Online Pokies in Australia
The Best Online Pokies in Australia
Sports Betting vs Online Casinos
Sports Betting vs Online Casinos: Where is it Easier to Win?
Play Games for Bitcoin
Can You Play Games for Bitcoin? 
Most Played Games at Online Casinos
Discover the Most Played Games at Online Casinos

BUSINESS

Sam Altman OpenAI Investigation Investor Claims
OpenAI & Sam Altman Probe: Investor Mislead Claims Amidst Leadership Turmoil
Futures and Options
Evaluating the Safety of Investing in Futures and Options
Young Australians Money
Why Young Australians Need to Know About Money?
NPS Tier 1 vs Tier 2
NPS Tier 1 vs Tier 2: Understanding the Differences
Tips to Manage Your Small Business in 2024
5 Tips to Manage Your Small Business in 2024

TECHNOLOGY

Sam Altman Clarifies no Ai Creatures in Development
OpenAI's Sam Altman Clarifies: No AI "Creatures" in Development
Spotify Epic Vs Apple DMA Compliance
Spotify & Epic Claim Apple's App Store Fails to Meet DMA Standards
Technology Reshaping Share Market
How Technology is Reshaping the Share Market Investing Landscape?
Integra Sources
Integra Sources: Custom Project Development Services
Sam Altman OpenAI Investigation Investor Claims
OpenAI & Sam Altman Probe: Investor Mislead Claims Amidst Leadership Turmoil

HEALTH

CDC Advice
New CDC Advice: Seniors Should Get 2nd Updated COVID Shot Now!
Tata Institute Rs 100 Cancer prevention Tablet
Tata Institute's Breakthrough: Rs 100 Tablet May Prevent Cancer Recurrence
Norovirus Cases Surge US Northeast CDC Report
US Norovirus Surge: CDC Highlights Spike in Northeast Cases
Top Healthiest and Unhealthiest Countries
Top Healthiest and Unhealthiest Countries Globally - 2024 Rankings
Best Way to Prevent Gum Disease
What is the Best Way to Prevent Gum Disease?