×





    By clicking submit I agree to be contacted by Frank Leo via call, email, and text. To opt-out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Message and data rates may apply. Privacy Policy

    TikTok attempts to avoid getting shut down while Oracle Corp. is slowly becoming more successful than rival Microsoft Corp. as they battle for the U.S. operations of TikTok.

    The deal between TikTok owner ByteDance Ltd. and Oracle is more of a corporate restructure than the sale Microsoft proposed. 

    One of the many terms discussed is the possibility that Oracle would serve as TikTok’s U.S. technology partner by housing the video app’s data in their cloud servers. 

    Offers made by both parties valued the U.S. business at about $25 Billion.

    Read more from the News Source HERE

    Leave a Reply