Oracle Chosen By ByteDance To Save TikTok U.S. Operations
Oracle Chosen By ByteDance To Save TikTok U.S. Operations Via Reuters: Oracle beat Microsoft in the battle for the U.S. arm of TikTok with a deal structured as a partnership rather than an outright sale to try to navigate geopolitical tensions between Beijing and Washington, people familiar with the matter said. ByteDance, TikTok's Chinese owner, had been in talks to divest the U.S. business of its hugely popular short-video app […]