Oracle Us Tiktok Canada Australia

Oracles co founder larry ellison reportedly engaged in preliminary discussions with bytedance about purchasing its operations in the us canada australia and new zealand the financial times.

Oracle us tiktok canada australia. The result comes as a surprise to some after rival firm microsoft and partner walmart were pegged as the most likely to win the bid for the short form video apps us operations. Bytedance is opposed to selling any assets beyond those in the us canada australia and new zealand said a person close to the company. After weeks of speculation around the future of tiktok in america parent company bytedance has chosen software heavyweight oracle as its us tech partner. Us president donald trump has said tech giant oracle would be a great company to take over tiktoks us operations.

Oracle corp has held preliminary talks with tiktoks chinese owner bytedance and was seriously considering buying the apps operations in the united states canada australia and new zealand the financial times newspaper reported on monday. Microsoft said on august 2 that it was in talks to buy tiktok in the united states canada australia and new zealand. Oracle enters race to buy tiktoks us operations. Oracle beats microsoft to tiktok us deal.

Last week mr trump ordered tiktoks owner bytedance to sell its us business within 90 days or face being shut down. According to a report from axios while oracle is the likely firm to get the deal theres a. Weeks later walmart said it was in talks with microsoft on a possible tiktok. Which announced in early august that it was discussing the purchase of tiktoks operations in the us canada australia and new zealand.

It comes after oracle was reported as a possible buyer of the chinese social media apps business in north america australia and new zealand. Amid reports monday morning that oracle has won the battle with microsoft to acquire tiktoks us.