TikTok has chosen Oracle as U.S. ‘technology partner,’ rejecting Microsoft’s bid
Channel: SPORTS Soccer
Date: 2020-09-18

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TikTok has chosen Oracle as U.S. ‘technology partner,’ rejecting Microsoft’s bid 
Oracle emerged as a likely victor in the potential deal, although it was unclear what it will win or if the Trump administration will sign off on it
The Trump administration and others in the United States have voiced concerns that TikTok's Chinese ownership could open the door for Beijing to obtain U.S. consumer data. (Florence Lo/Reuters)
Oracle emerged late Sunday as the surprise victor in wooing short-term video app TikTok, which is proposing a compromise to the Trump administration that would allow it to potentially keep its current ownership, according to people familiar with the discussions