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.
The Trump administration is denying it, but Trump previously said he'd like to see the software company take it over.
According to a media report, the White House is negotiating a TikTok takeover by Oracle and other investors.
The proposed TikTok deal suggests ByteDance would retain a minority interest while Oracle would manage the apps algorithm, ...
TikTok and President Donald Trump are reportedly in talks with Microsoft and Oracle to buy the social media app.
History repeats itself, quickly it seems, as U.S. President Trump confirms that Microsoft is indeed in the running to buy ...
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