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ByteDance picks Oracle as partner to try to save TikTok U.S.: sources

ByteDance picks Oracle as partner to try to save TikTok U.S.: sources

4 years ago
Anonymous $rxtAWepgzY

https://www.reuters.com/article/us-china-bytedance-tiktok-oracle/bytedance-picks-oracle-as-partner-to-try-to-save-tiktok-u-s-sources-idUSKBN265000

Oracle beat Microsoft in the battle for the U.S. arm of TikTok with a deal structured as a partnership rather than an outright sale to try to navigate geopolitical tensions between Beijing and Washington, people familiar with the matter said.