Oracle, Microsoft allegedly planning to move to Tiktok: Story in 5 digits
Oracle and Microsoft are allegedly in advanced discussion to handle Tiktok’s global operation. Here is the whole story in five points.
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Oracle and Microsoft are allegedly in advanced discussion to handle Tiktok’s global operation. Potential deal, which is asked to include high-level negotiations, can change the ownership and governance of the app. During Bydance, the original company of Tikokkok, still can maintain some participation, dialogue indicates how the app can operate. The move is seen as a reaction to rising data security concerns and regulatory pressures in the US. Here is the whole story in five points.
Oracle, Microsoft allegedly planning to move to Tiktok: Story in 5 digits
-Oreckal is allegedly planning to buy tickets. According to The Verge, citing an NPR report, the deal allowed the Chinese original company of Tikok for a biodenses to maintain a minority stake. Meanwhile, Oracle will reportly be overseeing important aspects of the platform, including its algorithms, data practices, and software updates.
-Orkal, which already supports Ticketkok’s Backnd Infrastructure through its server network, is expected to play a central role in the supervision of the app operation. The primary objective of this agreement is to reduce Chinese ownership and address data safety concerns raised by US authorities.
-When participation in Microsoft’s talks is less defined, this is not its first brush with Tiktok. Back in 2020, Microsoft, Oracle, and Walmart formed a team to detect the possible acquisition of the app. The effort eventually collapsed, with Microsoft’s co-founder Bill Gates, it is famously called “Poison Chalis”. Walmart, which was part of the earlier bid, is reportedly not participating this time, citing concerns over the heavy evaluation of the app.
These talks come as the US government intensifies investigation on Tikok’s relations with China. In an executive order recently, President Trump gave Ticketkok a 75-day deadline to restructure his American operations or face restrictions. A potential joint venture suggestions were where the US app would be owned by 50 percent stake in the app.
-Tiktok has not yet responded to Trump’s latest comment, but recently denied the forum reports considering the sale to Elon Musk or any other unit.