TikTok Looks to Oracle to Keep U.S. Operations Alive
Video Credit: Cheddar Inc. - Duration: 05:59s - Published
TikTok Looks to Oracle to Keep U.S. Operations Alive
The owner of TikTok has chosen Oracle over Microsoft as the American tech partner that could help keep the popular video-sharing app running in the U.S., according to a person familiar with the deal who was not authorized to speak publicly about it.
A federal judge has halted a ban on TikTok's U.S. operations until at least November 12, the final deadline set by the Trump administration. Oracle and TikTok's owner Bytedance are currently working..
As China and US continue to lock horns over TIK Tok, Beijing on Monday accused the Trump administration of abusing national power by trying to ban TikTok, as a federal court gave the video app's US..
If the current plan moves forward, TikTok's new parent company, TikTok Global, is set to own 80 percent of the company as Oracle and Walmart take over U.S. operations. Cheddar's Michelle Castillo..
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