Oracle and Microosft along with a group of investors are reportedly in talks to take control of TikTok’s global operations. According to a report from NPR, the deal would see ByteDance, TikTok’s parent company, keep a minority stake in the app. Under the agreement, Oracle would oversee TikTok’s algorithm, data collection, and software updates, effectively reducing Chinese control over the app.
Oracle’s role in the deal
Oracle already plays a significant role in TikTok’s…
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https://www.financialexpress.com/life/technology-oracle-and-microsoft-in-talks-to-take-over-tiktoks-global-operations-3726329/