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Articles Tagged:

tiktok sale

58

Oracle beats out Microsoft to buy TikTok's US operations

Oracle beats out Microsoft to buy TikTok's US operations

Oracle has been selected to purchase TikTok's US operations over Microsoft — though, according to The Wall Street Journal, the deal won't be structured as a sale. Minutes before the news broke, Microsoft revealed that it wouldn't be involved in any deal even though it reportedly had Trump's blessing ahead of the app's anticipated ban.

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56

China doesn't want TikTok sold to a US company — this is how it plans to stop a deal

China doesn't want TikTok sold to a US company — this is how it plans to stop a deal

TikTok rocketed further into the mainstream in July, when President Trump indicated that his administration would like to see TikTok banned, and later sold off, over alleged privacy concerns stemming from parent company ByteDance being headquartered in China. Big players like Microsoft are interested in making a deal to keep the popular short video platform alive, but sources inside the Chinese government claim the country would rather see TikTok die off in the US rather than be pressured into selling.

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92

Microsoft gets Trump blessing on TikTok deal, but it must be closed within 45 days

Microsoft gets Trump blessing on TikTok deal, but it must be closed within 45 days

The events surrounding President Donald Trump's TikTok ban have been unfolding rapidly over the weekend. Initially, Trump wanted to force ByteDance to sell TikTok to a US company, only to follow up by saying that he prefers an outright ban of the Chinese social media app. He's since backtracked, as Microsoft announced that it's interested in the app's US business and would like to start negotiating. Reuters then followed up with an exclusive, stating that the president would give Microsoft 45 days to close the deal.

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