Microsoft dropped out of the episode, Oracle will connect to Tiktok - Walla! TECH

2020-09-14T05:08:00.657Z

A day before the deadline set by President Trump for the continued operation of the app, Chinese Bytedance refused Microsoft's offer and decided to join Oracle. The deal will not be defined as a "sale" and its details are not yet clear

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Microsoft dropped out of the episode, Oracle will connect to Tiktok

A day before the deadline set by President Trump for the continued operation of the app, Chinese Bytedance refused Microsoft's offer and decided to join Oracle.

The deal will not be defined as a "sale" and its details are not yet clear

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The supporter favored by Trump.

Larry Allison, CEO of Oracle (Photo: Phillip Faraone, Gettyimages)

"We are confident that the offer we made was very good for Tiktok users, and would also help with information security," said Microsoft, which was the first serious acquisition candidate before other candidates joined, including Walmart. And in preventing the dissemination of false information. "

BateDance did not respond to a request for comment.

Oracle is one of the oldest software companies in the world.

In 1977, it was founded by entrepreneur Larry Allison, and employs more than 130,000 people worldwide, including in Israel.

Allison is a supporter of President Trump, who in turn has voted for him as his favorite candidate to join Tiktok, so there is a personal element to this deal as well.