Oracle has been reported is a major choice for helping Tiktok release
Tiktok has until April to finalize the sale of a buyer based in the US, but the uncertainty about the future of the short -shape video remains.
However, a new report has emerged that suggests that Oracle is the leading candidate who serves as a partner of Tiktok’s cloud management technology as per US, according to InformationS
Sources, including investors, bankers and former executives familiar with Tiktok, Bytedance, said at the exit that the company favors Oracle over other cloud suppliers. Since 2022. Tiktok has been Using Oracle servers to store data from US usersWhich makes it a probable option for this transaction.
The report suggests that Bytedance still wants to play a practical role in Tiktok operations, with Oracle as a partner.
Moreover, President Trump He showed support for Oracle’s role in the deal.
Oracle did not respond to requests for comment.