After Donald Trump’s executive order to block Tiktok, its Chinese owner ‘ByteDance’ was in talks regarding the sale of its US operations for a long time. During this, US tech giant Microsoft has shown interest in buying Tiktok’s US operations.
However, now the Microsoft company has withdrawn from this deal. It has been made clear from Microsoft that the China-based ByteDance company will not sell Tiktok’s US operations to it. TikTok’s owner company ‘ByteDance’ and the giant tech company Microsoft had been in talks for a long time regarding this deal.
Oracle can become the technology partner of ByteDance in the US:
According to reports, Tiktok’s owner company ‘ByteDance’ has given more importance to Oracle company than Microsoft. In this case, Oracle is expected to overtake the command of Tiktok instead of Microsoft in the US.
According to sources, under the new development, the Oracle company can become the technology partner of ByteDance in the US. That means the Oracle company will get the responsibility of managing the data of American users. Let us tell you that Oracle had shown interest in purchasing Tiktok recently. And the conversation between Oracle and Tiktok was also going on for the last few days.
However, people associated with this case have refused to make any official comment about it at present. On Sunday, Microsoft said that the purchase process has been canceled by Tiktok. However, there is no statement from Tiktok about this.
Tiktok being used by China for Nefarious Purposes:
China’s startup BiteDance-owned TikTok app has been repeatedly criticized by US politicians for being a threat to national security due to its ties with China.
Earlier, US officials and lawmakers have feared TikTok being used by China for nefarious purposes, but the company has denied any links to the Chinese government.