Tiktok has until April to finalize a sale to a us-based buyer, yet uncertainies about the future of the short-form video app remain.
However, a new report has emerged, suggesting that racle is the leading candidate to serve as the cloud technology partner for managing tiktok in the US, according to The information,
Sources Including Investors, Bankers, and Former Executives Familiar with Tiktok’s Parent Company, bytedance, Told the Outlet that the Company Favors ORACLE ORACLE OORE Over Over Over Over. Since 2022, Tiktok has been Utilizing Oracle servers to store data of US usersMaking it a likely option for this deal.
The report sugges that bytedance stills to have a hand-on role in tiktok’s operations, with ore as a partner.
Additionally, President trump Has Shown Support for Oracle’s Role in the Deal.
Oracle hasn’t responded to requests for comment.