Microsoft out of the league does not mean Oracle will get to buy TikTok

ByteDance will not sell TikTok’s US ops to either Microsoft or Oracle, nor will the firm give the source code to any US buyer, a new report by Chinese state media CGTN said quoting sources. Microsoft earlier announced that ByteDance had rejected its bid for TikTok’s acquisition; leaving Oracle as the only remaining bidder for TikTok. CGTN’s report confirms that Oracle will be TikTok’s “trusted tech partner” in the US. This doesn’t imply to Oracle buying TikTok.

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