The owner of TikTok has chosen Oracle over Microsoft as the American tech partner that could help keep the popular video-sharing app running in the U.S., according to a person familiar with the deal who was not authorized to speak publicly about it. President Donald Trump's administration has threatened to ban TikTok by September 20 and ordered owner ByteDance to sell its U.S. business, claiming the app poses national security risks because ByteDance is a Chinese company.
Main Idea: Oracle has been picked as TikTok’s U.S. tech partner in a deal that could keep the app running while U.S. officials review national security concerns.
Key Points:
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US users could face app disruption or a ban if the Oracle deal or government review fails, and the fight may keep data privacy and security concerns unresolved.
Oracle as a US partner could help keep TikTok running for millions of users while creating jobs and adding more US oversight.
Rate how each entity in this article affected the American people.
Required reviewer of the transaction because of national security concerns.
TikTok’s owner and the key decision-maker in rejecting Microsoft and pursuing the Oracle proposal.
Chosen as TikTok’s U.S. tech partner and central to the proposed deal reviewed by U.S. officials.
The article discusses these named companies together as a central group.
Major bidder whose offer was rejected and whose role is a central part of the deal outcome.
His administration threatened the ban and his support affects the proposed transaction.
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Sign in to commentAnnounced the Treasury Department received the Oracle-linked proposal and will review it.
Central to the national security and technology-export concerns surrounding ByteDance’s ownership.
Mentioned as a potential partner/investor in the TikTok transaction discussion.
Mentioned as a competitor that might benefit if Oracle acquires TikTok.
Mentioned as another competitor that could benefit from the deal.