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TikTok teams up with Oracle to avoid being sold

2020-09-14T17:20:12.664Z


The Chinese group offers a simple partnership with Oracle, which will manage the data of American users.Donald Trump had demanded that the Chinese group ByteDance sell the American version of its star TikTok application to "a big company, a safe company, a very American company." Microsoft, allied with the distribution giant WalMart, was in the ranks, as was Oracle, specialist in cloud and database management for companies. As the ultimatum posed by the American president expires on Sunday, ByteDanc


Donald Trump had demanded that the Chinese group ByteDance sell the American version of its star TikTok application to

"a big company, a safe company, a very American company."

Microsoft, allied with the distribution giant WalMart, was in the ranks, as was Oracle, specialist in cloud and database management for companies.

As the ultimatum posed by the American president expires on Sunday, ByteDance has made an unexpected proposal, to say the least, that there will be no sale of TikTok USA.

Instead, the company proposes to make Oracle its

"trusted technology partner"

.

The formulation is nebulous.

But, in view of Oracle's core business, it suggests that ByteDance would entrust it with the storage and management of data for American users of TikTok.

Oracle would therefore be the application's cloud service provider.

At the opening of Wall Street, Oracle shares took 7%.

Read also:

Beijing tries to block the sale of TikTok to an American

ByteDance's offer meets Beijing's requirements,

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Source: lefigaro

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