Oracle Is Reportedly In The Running To Acquire TikTok's U.S. Operation

Oracle Is Reportedly In The Running To Acquire TikTok's U.S. Operation

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Business, Social Studies

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Hard

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Oracle is reportedly entering a bidding war with Microsoft to acquire TikTok's US operations. This move is seen as a way to address national security concerns about data being sent to China. President Trump has ordered ByteDance to divest from TikTok's US business. The US government's involvement in such tech deals is unprecedented. Oracle, known for its software, may use TikTok to diversify and enhance its marketing products by accessing vast user data.

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