Oracle reportedly wins deal for TikTok’s US operations as ‘trusted tech accomplice’

Mobile World Congress 2019 Brands Photograph by Joan Cros/NurPhoto by way of Getty Pictures

Oracle has reportedly gained a deal to handle TikTok’s US cloud operations. Oracle had been rumored to be a part of the bidding course of to amass TikTok, however The Wall Road Journal studies that the corporate has been chosen as a “trusted tech accomplice” as a substitute. That is totally different from an outright sale, and seems to recommend Oracle can be serving to run TikTok’s US operations with its personal cloud applied sciences.

Information of an Oracle deal comes simply an hour after Microsoft revealed it was now not buying TikTok after its bid was rejected by TikTok proprietor ByteDance. Microsoft had been pursuing a deal to purchase TikTok’s operations within the US, Australia, Canada, and New Zealand. It’s clear talks have swayed away from a full acquisition, with Oracle…

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