TikTok has until April to finalize a sale to a U.S.-based buyer, yet uncertainties about the future of the short-form video app remain.
However, a new report has emerged, suggesting that Oracle is the leading candidate to serve as the cloud technology partner for managing TikTok in the U.S., according to The Information.
Sources including investors, bankers, and former executives familiar with TikTok’s parent company, ByteDance, told the outlet that the company favors Oracle…
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https://techcrunch.com/2025/03/13/oracle-is-reportedly-a-top-choice-for-storing-u-s-tiktok-user-data/