Here's what Oracle's winning bid means for TikTok users and followers in the U.S.
For the tens of millions of TikTok users in the U.S. watching the fate of the popular video app play out amid a geopolitical drama with China, a new turn of events Sunday brought the possibility of relief as an important deadline looms.
Oracle Corp. won the bidding for the TikTok’s U.S. operations, people familiar with the matter said, beating out Microsoft Corp. in a high-profile deal to salvage the social-media sensation.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
TikTok owner ByteDance rejected Microsoft bid for app's US operations - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »
TikTok Sale: ByteDance Partners With OracleMicrosoft had been seen as the favorite to move forward in negotiations.
Read more »
Oracle sole remaining bidder after TikTok rejects Microsoft buyout offerTikTok's Chinese parent company ByteDance looking to pick a buyer to finalise a deal by mid-September and comply with US President Donald Trump’s order to divest TikTok’s assets.
Read more »
TikTok Sale: ByteDance Rejects Microsoft Bid, Partners With OracleMicrosoft had been seen as the favorite to move forward in negotiations as ByteDance looked to avoid a shutdown of the popular social media app amid increased tensions between the U.S. and China.
Read more »
This Magazine Editor Is Defying Gen-Z Style on TikTok“Women of my age have great taste, money, and freedom to do what we want, when we want.”
Read more »
TikTok saved my business: Candy retailer finds internet fame as COVID-19 forces a pivot“TikTok is the one that really, truly saved our business.' Nema Causey's candy store in San Diego was in trouble when the pandemic hit. Then she pivoted to TikTok and started taking online orders.
Read more »