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TikTok’s rejects Microsoft’s bid, picks Oracle to manage US operations

China USA Washington reports president Tiktok

14.09.2020 - 08:01

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TikTok’s Chinese parent company ByteDance has reportedly chosen Oracle as a “technology partner” for its US operations after Microsoft’s bid to buy the platform’s American branch was rejected.As reported by The Washington Post, two anonymous sources said that Oracle was chosen on Sunday (September 13) to be TikTok’s technology partner, and that the companies had brokered a deal to alleviate criticism brought on by the Trump administration.The sources said that TikTok recently put forward a proposal to the US Government that would allow ByteDance to retain ownership of the app, but outsource cloud management of its US user data.

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