Oracle To Buy TikTok’s U.S. Operations

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Oracle appears to be the TikTok buyer in the U.S. leaving Microsoft out, which had been considered a front-runner to buy until this weekend.

TikTok rejected Microsoft’s plan and reached an agreement to sell its U.S. operations to the software company Oracle on Sunday. 

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The deal came after the Trump administration threatened to ban the app unless the Chinese company sold its U.S. business to a local company. In November, the government mentioned TikTok as a national security threat, and the U.S. and they opened an investigation into the app. This forced the decision to sell the American operations until today when it seems to close a deal. Now, the company will also undergo internal change.

Paul Triolo, head of global technology policy at the Eurasia Group, said: “There’s a bit of a reciprocity process going on here since China doesn’t allow U.S. tech companies like Facebook and Google,” and then added: “All of these actions are part of an effort by China hawks in the U.S. government to push for this decoupling, which includes a whole range of issues but has sort of crystallized in the last three to six months into this view that Chinese companies are untrusted vendors.”


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