Below is an extract of a post published on Guardian titled "TikTok: ByteDance 'to partner with Oracle' in US after rejecting Microsoft bid"
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Via: Guardian
Oracle reported to be ‘technology partner’ after Donald Trump set a 15 September deadline for US businesses to stop dealing with Bytedance Bytedance will not sell TikTok’s US operations to Microsoft, the US tech-giant said in a statement, with reports it has instead picked a consortium led by Oracle as a “technology partner”. Donald Trump signed an executive order in August giving Americans until 15 September to stop doing business with TikTok’s Chinese parent company ByteDance, or it would be shut down in the US – effectively setting a deadline for a potential pressured sale of the Beijing-based tech company to an American bidder. Related: TikTok to launch court action over Donald Trump’s crackdown Continue reading…
