TikTok Faces Major Shift: Oracle and Microsoft in Advanced Talks
Jan 27, 2025 · On Jan 26, Sources reported that Oracle (ORCL, Financial) and Microsoft (MSFT, Financial) have joined forces with investors to secure control of TikTok's worldwide operations.The new business ...
Exclusive: White House talking with Oracle, others to save TikTok
Jan 25, 2025 · TikTok, Oracle and the White House did not return a request for comment. When asked about the Oracle talks on Air Force One on Saturday night, Trump denied being in discussions with Oracle's Larry ...
Oracle Chosen as TikTok’s Secure Cloud Provider
Oracle Corporation (NYSE: ORCL) announced today that it was chosen to become TikTok’s secure cloud technology provider. This technical decision by TikTok was heavily influenced by Zoom’s recent success in moving a large portion of its video conferencing capacity to …
Trump administration reportedly negotiating an Oracle takeover of TikTok
Jan 25, 2025 · The Trump administration is negotiating a deal that would see Oracle take over TikTok alongside new U.S. investors, according to a report by NPR.. Lawmakers passed a bill last year forcing Chinese ...
Exclusive: White House in talks to have Oracle and U.S. investors …
Jan 25, 2025 · TikTok, Oracle and the White House did not return a request for comment. Appeasing Congress. While estimates vary on how much TikTok's global business is worth, negotiators in the White House have said ByteDance believes it could fetch at least $200 billion, putting it well outside the reach of any of the consortium of investors who have been ...
Oracle May Hold TikTok’s Future in Its Hands - The New York Times
Jan 17, 2025 · TikTok’s immediate future may rest in the hands of a tech company that has largely avoided the spotlight: Oracle. The company is one of the app’s leading server providers, managing the data ...
TikTok reaches deal with Oracle, rejects Microsoft as White House ...
Sep 14, 2020 · TikTok has reached an agreement to partner with software giant Oracle, a landmark deal that could redefine how the U.S. and China square off over the reach of their homegrown technology companies.
Oracle beats Microsoft to TikTok US deal - Financial Times
Sep 14, 2020 · ByteDance has reached a preliminary “technical partnership” agreement with Oracle for TikTok’s US operations that does not include a full sale of the short video app, according to three people...
Q&A: What does a deal between TikTok and Oracle mean?
Sep 14, 2020 · 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 source familiar with the deal who was not authorized to speak publicly about it.
Oracle's 12.5% Stake in Tiktok Global to Rev Up Cloud Market
Sep 21, 2020 · Oracle (ORCL) will acquire 12.5% in TikTok Global business, which poises it well to gain a competitive edge over its cloud computing rivals, including AWS and Microsoft Azure.
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