Tech

Oracle Beats Out Microsoft in Bid to Take Over TikTok’s U.S. Operations

TIKTOKCHALLENGES

People close to the matter said that Oracle will be the Chinese app’s “trusted tech partner” in the U.S.

2020-08-24T163219Z_1580171613_RC2GKI9BS2R5_RTRMADP_3_USA-CHINA-TIKTOK-LAWSUIT_bqbo6w
Florence Lo/Reuters

ByteDance, the Chinese company behind the popular app TikTok, rejected an offer Sunday from Microsoft to oversee TikTok’s U.S. operations in favor of Oracle, the Wall Street Journal and The New York Times report.

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