Oracle reported to be ‘technology partner’ after Donald Trump set a 15 September deadline for US businesses to stop dealing with Bytedance
Bytedance will not sell TikTok’s US operations to Microsoft, the US tech-giant said in a statement, with reports it has instead picked a consortium led by Oracle as a “technology partner”.
Donald Trump signed an executive order in August giving Americans until 15 September to stop doing business with TikTok’s Chinese parent company ByteDance, or it would be shut down in the US – effectively setting a deadline for a potential pressured sale of the Beijing-based tech company to an American bidder.
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