Oracle will partner with TikTok in the United States after Microsoft loses the bid


A sale talk began as President Donald Trump issued an executive order last month seeking a ban on Tickcock and required that its US operations be shut down from its Beijing-based parent company, ByteDance.

The exact nature of the agreement between Ticketok and Oracle is not clear, but it was not described as an exact sale. The news about Oracle came when Microsoft announced that it would not buy Tiktok’s US operations from its BiteDans.

“We believe our proposal will be good for users of Tiktok while protecting national security interests.” Microsoft (Msft) Said in a blog post. “To do this, we must have made significant changes to ensure that the service meets the highest standards of security, privacy, online security, and war disruption, and we have clarified these principles in our August statement. “

ByteDance has not responded to a request for comment. TikTok did not immediately respond to requests for comment.

Trump and other American politicians have said that the app is a threat to national security. Tiktok has denied the charge and sued the Trump administration over an order, calling it “heavily politicized”.

Many analysts had discovered Microsoft as a potential “coup” for the Washington-based firm in Washington – an opportunity to scoop one of the world’s fastest-growing social media platforms at a time when Tiktok was looking for a deal May be desperate.

A deal could also include an American retail giant: Walmart (WMT) Was also participating in negotiations with Microsoft over a possible deal. The retailer had said that it was interested in how Tiktok could expand its reach to consumers.

– Claire Duffy, Donnie O’Sullivan and Sheris Pham contributed to this report.

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