Rapid Reaction: TikTok Selects Oracle as its “Trusted Technology Partner”
Without an outright sale, it’s a very different deal than many anticipated.
The TikTok sweepstakes appear to be over, and what an ending it was. Instead of an outright sale, TikTok selected Oracle as its “Trusted Technology Partner.” Oracle confirmed the news today in two-sentence statement, and now it’s on to the Trump administration to review.
So in sum, a process that began with the Trump administration demanding that TikTok…