gadget-bridge
HomeOther TechAppsTikTok US deal: ByteDance opts Oracle over Microsoft as its tech partner

TikTok US deal: ByteDance opts Oracle over Microsoft as its tech partner

The Trump administration has slated September 20 as the deadline for TikTok to announce a plan for the sale of its US operations.

- Advertisement -

ByteDance, the parent company that manages TikTok’s US operation, has reportedly selected Oracle to be the tech partner to oversee TikTok’s operations in the United States. However, it’s confirmed that Microsoft’s bid to acquire this deal has been rejected. This move by ByteDance to look for a tech partner has come after President Donald Trump threatened to impose a ban on this highly-popular app until and unless its American operations are sold.

Earlier, the Donald Trump administration has slated September 20 as the deadline for TikTok to announce a plan for the sale of its US operations or else stated that the app would be banned in the country by the end of this month.

- Advertisement -

Mind you! There is no clarity whether Oracle would acquire a majority ownership stake of this TikTok app as no official statement is issued as of now.

Experts, who have been keeping an eye on this bid to acquire the TikTok deal, are of the view that the US tech giant Microsoft has the perfect amount of capital to pump into this acquisition of the US operations of TikTok from ByteDance.

- Advertisement -

According to an official statement issued by Microsoft, “ByteDance let us know today they would not be selling TikTok’s US operations to Microsoft. We are confident our proposal would have been good for TikTok’s users, while protecting national security interests.”

However, Microsoft showcased its confidence that it would have made significant changes to ensure the service met the highest standards for security, privacy, online safety, and combatting disinformation, and we made these principles clear in our August statement. It further asserted that Microsoft would look forward to seeing how the service evolves in these important areas.

- Advertisement -

While participating in the race to acquire this bid, Microsoft had stated that would ensure that all private data of TikTok’s American users are transferred to and remains in the United States. To the extent that any such data is currently stored or backed-up outside the United States, Microsoft would ensure that this data is deleted from servers outside the country after it is transferred.

Microsoft appreciates the US Government’s and President Trump’s personal involvement as it continues to develop strong security protections for the country.

“These discussions are preliminary and there can be no assurance that a transaction which involves Microsoft will proceed. We do not intend to provide further updates until there is a definitive outcome to our discussions,” it had added.

For the latest gadget and tech news, and gadget reviews, follow us on TwitterFacebook and Instagram. For newest tech & gadget videos subscribe to our YouTube Channel. You can also stay up to date using the Gadget Bridge Android App.

- Advertisement -

Support Us

We are a humble media site trying to survive! As you know we are not placing any article, even the feature stories behind any paywall or subscription model. Help us stay afloat, support with whatever you can!

Support us
- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -
- Advertisement -
- Advertisement -

Follow Us

- Advertisement -

Must Read

Blaupunkt BTW20 TWS earbuds that can last up to 14 hours launched in India

Blaupunkt BTW20 TWS earbuds that can last up to 14 hours...

0
With the introduction of BTW20 TWS earbuds in India, Blaupunkt has increased the range of their true wireless earbuds. The TWS earbuds are said...
- Advertisement -
- Advertisement -
- Advertisement -