Tik Tok tapped Oracle as an American partner

Byte Dance has chosen Oracle as its US partner for its popular Tik Tok video service, a decision that comes close to a deadline for banning the popular app.

Tik Tok tapped Oracle as an American partner

The man familiar with the situation said the proposed deal would meet the needs of Tik Tok customers as well as US national security concerns. The man said California-based cloud computing giant Byte Dennis will be an American "technology partner." According to the Wall Street Journal, the deal cannot be made’ for sale and still requires US government approval.

It may not have been cleared’ by Beijing yet. On Sunday, the party-controlled TV station CGTN reported, "CGTN has learned from sources that even Bite Dance will not sell the tick-ticking US operation to Oracle." It is not clear whether this is a denial of an agreement, or merely an indication that the reported "partnership" track talk is not for sale to Oracle.

Chinese tech company Byte Dance owns the short form video app Tik Tok.

Microsoft, which had a deal with partner Walmart, said in a statement that its bid had been rejected by Beijing-based Bite Dance. The software giant was seen’ as the first runner in the conversation.

"Byte Dance let us know today that they will not be selling US tik-tOk operations to Microsoft," Microsoft said in a statement on Sunday. "We believe that while protecting national security interests, our proposal would be good for TikTok users."

Microsoft said it has made "significant changes" to Tik Tok to ensure security, privacy, online security, and disability information.

The decision was made by President Donald Trump, who, citing national security concerns, announced in early August that he intended to ban Tik Tok until it was purchased by a US company. What Speaking to reporters, Trump specifically mentioned Microsoft as a candidate - the only company the president explicitly mentions - made a public front-runner to buy ticks last month. An executive order was issued’ on August 6 to formalize the threat of a ban, requiring Bite Dance to take over Tik Tok by November 12.

Oracle's interest in purchasing Tik Tok was reported’ weeks after the original executive order for the track. "I think Oracle is a big company," Trump said before the rally in Yuma, Arizona, responding to reports. "I think Oracle is someone who can handle that." Trump also called Oracle co-founder Larry Ellison a "great man."

Allison is one of Trump's leading aides in the tech industry. He hosted a fundraising event for the president in February that forced some Oracle workers to walk out in protest.

An agreement was announced’ earlier this month, although many obstacles remain. According to the South China Morning Post, Byte Dance has stated that the AI-based algorithm behind Tik Tok - apparently the app's biggest asset - will not be part of the deal. In late August, China updated the country's export control rules to cover sensitive technology, suggesting that Bite Dance requires Beijing's approval of any US agreement. It is unclear how Oracle's partnership with Byte Dennis will overcome these potential barriers, as CGTN Sunday report explained.


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