Investor groups, including Oracle and Microsoft, are negotiating to acquire Tiktok’s global operation. report NPR. In this transaction, known that the White House is negotiating, BYTEDANCE maintains a minority stake in Tiktok, while Oracle will be supervised by the app’s algorithm, data collection and software update.
Oracle’s server network already provides most of the Tiktok backbone, and according to one of the NPR’s anonymous sources, the company says, “The company will effectively monitor and supervise what is going on in Tiktok.” He is as follows: “Minimize Chinese ownership”
The participation reported by Microsoft is not clear than “participating in negotiations.” The company was also competing with Oracle and Wal -Mart to acquire Tic Talk, which was called “Dok” by Microsoft co -founder Bill Gates in 2020.[ed] Holy Grail. ” Wal -Mart is known to be not involved this time after the app’s “hesitant price.”
The news of the talks came after President Trump issued an administrative order to provide 75 days of probation in all enforcement measures related to the US requirements that BYTEDANCE should be sold in Tiktok. Trump previously mentioned the possibility of a “joint venture” that the US owns a 50%stake.
We asked for opinions from Oracle, Microsoft, Tiktok and the White House.