Oracle has recently won the bid for operating TikTok in the United States, making the latter its technology partner. According to the report from Bloomberg, TikTok's parent company ByteDance has chosen Oracle since its deal is "narrower, appearing more like a corporate restructuring than an outright sale." Oracle is backed by Sequoia Capital. TikTok is currently the leading customer of cloud services Amazon Web Services and Alphabet Inc.’s Google. Previously, Microsoft has shared its intent to operate TikTok in the United States, as well as in other countries. TikTok and Oracle are still discussing the terms of the deal. Last month, US President Donald Trump issued an executive order that prohibits all transactions to ByteDance, TikTok's parent company. The effectivity of the ban takes in effect after 45 days but President Trump has signed a follow-up order which gives the company a total of 90 days to sell TikTok in the US. ByteDance originally plans to either sell a stake in TikTok's operations or restructure the company, building a global headquarters with a board of directors outside of China. Read more in our articles including "Oracle wins bid to operate TikTok in the US" and "San Bidet: a mobile app for your call of nature urges".
Oracle has recently won the bid for operating TikTok in the United States, making the…
Sep 14, 2020
If you’re traveling and feel the need to use a restroom but is in a…
Jan 13, 2019
Globe has just announced its partnership with the short-form video platform TikTok. To celebrate, Globe…
Apr 16, 2019
Are you fond of using the TikTok app and create juicy content that you want…
Feb 22, 2019
The Bureau of Internal Revenue (BIR) released a new memorandum announcing the availability of the…
May 26, 2026
Earlier this week, the Deepartment of Trade and Industry has released a proposal to require…
May 23, 2026Oracle has recently won the bid for operating TikTok in the United States, making the latter its technology partner. According to the report from Bloomberg, TikTok's parent company ByteDance has chosen Oracle since its deal is "narrower, appearing more like a corporate restructuring than an outright sale." Oracle is backed by Sequoia Capital.
TikTok is currently the leading customer of cloud services Amazon Web Services and Alphabet Inc.’s Google. Previously, Microsoft has shared its intent to operate TikTok in the United States, as well as in other countries. TikTok and Oracle are still discussing the terms of the deal.
Our coverage of TikTok bid includes: "Oracle wins bid to operate TikTok in the US"; "San Bidet: a mobile app for your call of nature urges"; "Globe partners up with TikTok by launching data promos, contest". Each article provides unique insights and information.