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Will Oracle’s reported TikTok deal satisfy Trump?

September 14, 2020

Via: Fortune

The TikTok conundrum may be about to be solved—or not.

Here’s what can be said for certain at the time of writing. According to multiple outlets, Oracle is the “winning bidder” for a deal with TikTok owner ByteDance, regarding the future of the increasingly popular short-video network. Microsoft says ByteDance has rejected its offer to buy TikTok’s U.S. operations, while Walmart, which was to have been Microsoft’s partner in this venture, says it “continues to have an interest in a TikTok investment and continues discussions with ByteDance leadership and other interested parties.”

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