Oracle beats Microsoft’s bid for TikTok
https://thenextweb.com/apps/2020/09/14/oracle-beats-microsofts-bid-for-tiktok/
Oracle has now reportedly taken over Microsoft as favorites to buy short video app TikTok’s US operations.
According to a report from Axios, while Oracle is the likey firm to get the deal, there’s a possibility of no deal taking place as well. South China Morning Post noted that due to China’s new regulations on the export of AI, Oracle might not get the app’s much-lauded recommendation algorithm, even if a deal is struck.