Oracle will be TikTok's Trusted Tech Partner
In the end, Oracle will win: the Californian group, which recently announced a quarterly report that went beyond expectations, will become TikTok's Trusted Tech Partner as regards the platform's activity in the United States. As reported by some sources over the weekend, only confirmation is missing. The announcement should now be around the corner.
More will be known soon. The deadline set by Washington by which the operation must be formalized is that of September 20. In case of no agreement, the platform could face a ban and no longer be accessible for users with stars and stripes.
Finally, we report at the end the short press release with which Microsoft announces that it has seen the refused its proposed acquisition of the business relating to the United States, Canada, Australia and New Zealand. Until recently, the Redmond group was given by many as a favorite.
TikTok: Microsoft out of the game, the Oracle check
The situation therefore seems to be able to evolve in the direction desired by some members of the US administration . It would not be a real sale: rather, the American company will support the Chinese ByteDance in the management of the overseas social network, providing its skills in terms of compliance and above all its cloud infrastructure, thus clearing up any doubts or perplexities regarding the methods of data collection and processing. A scenario rather similar to the one hypothesized on these pages just a few days ago.More will be known soon. The deadline set by Washington by which the operation must be formalized is that of September 20. In case of no agreement, the platform could face a ban and no longer be accessible for users with stars and stripes.
Finally, we report at the end the short press release with which Microsoft announces that it has seen the refused its proposed acquisition of the business relating to the United States, Canada, Australia and New Zealand. Until recently, the Redmond group was given by many as a favorite.