Wednesday, August 19, 2020

Oracle to edge out Microsoft in purchasing TikTok

Microsoft confirmed earlier this month about its intentions to buy out the US operations of ByteDance, the owner of the infamous app TikTok. However, a report from The Financial Times emerged, suggesting Oracle is also joining the race. Earlier today the software company received verbal approval from the US President Donald Trump during a speech in Yuma, Arizona. The tech company has already had preliminary talks with ByteDance and is seriously considering purchasing the app’s operations in the United States, as well as Canada, Australia, and New Zealand. Larry Ellison, Oracle...