ByteDance kicks ball into Trump’s court by rejecting Microsoft and picking Oracle to partner with TikTok in the US

Oracle Corp has won the race to secure TikTok’s American operations, according to multiple reports citing people familiar with the talks, after main rival Microsoft Corp said its offer for the video app had been rejected.ByteDance’s reported acceptance of Oracle as the operator of TikTok in the US is the culmination of an intensive power play by a number of heavyweight technology companies and their investment backers, the White House and Beijing over the past few weeks.But the future in the US…

ByteDance kicks ball into Trump’s court by rejecting Microsoft and picking Oracle to partner with TikTok in the US
Oracle Corp has won the race to secure TikTok’s American operations, according to multiple reports citing people familiar with the talks, after main rival Microsoft Corp said its offer for the video app had been rejected.ByteDance’s reported acceptance of Oracle as the operator of TikTok in the US is the culmination of an intensive power play by a number of heavyweight technology companies and their investment backers, the White House and Beijing over the past few weeks.But the future in the US…