TikTok Will Partner with Oracle in the United States After Microsoft Loses Bid



Brian Fung | Selina Wang | CNN

TikTok and Oracle will become business partners in the United States — a deal meant to satisfy the Trump administration’s national security concerns about the short-form video app, according to a person familiar with the matter.

The news comes after weeks of speculation about the Chinese app’s future in the United States. President Donald Trump has demanded the app be sold, or else shut down in the United States.
The exact nature of the agreement between TikTok and Oracle (ORCL) remains unclear, but it was not described as an outright sale. The news about Oracle came just after Microsoft announced that it will not buy TikTok’s US operations from ByteDance.
ByteDance has not responded to a request for comment. TikTok declined to comment. Oracle did not respond to a request for comment.
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