CAVEAT #ORACLE: An ELEPHANT NEVER FORGETS | #MEMORY_LANE | Oracles #CIA Origins?? (No, I'm not joking). |
#TikTok PICKS #ORACLE over #Microsoft?? in #Trump_Forced #Sales_Bid
The owner of #TikTok has chosen #Oracle over #Microsoft as the #American_Tech_Partner that could help keep the popular video-sharing app running in the U.S., according to a source familiar with the deal who was not authorized to speak publicly about it.
Microsoft announced #Sunday that its bid to acquire TikTok's U.S. operations was #rejected, removing the tech giant from the running a #week_before President Donald Trump promises to follow through with a plan to #Ban the #Chinese_Owned #App in the U.S. over Spying Concerns.
The Trump administration has threatened to ban TikTok by Sept. 20 and ordered #ByteDance to #sell its #USA_Business, claiming #national_security_risks due to its #Chinese_ownership. The government worries about user #data being #funneled to Chinese authorities. #
TikTok #denies it is a #national_security_risk and is #suing to #stop the administration from the threatened #ban.
TikTok #declined to comment Sunday. Oracle didn't return a request for comment but has #previously_declined comment.
Microsoft said in a Sunday statement that #TikTok's parent company, #Bytedance, "let us know today they would not be selling TikTok's US operations to Microsoft."
https://www.cbc.ca/news/business/tiktok-oracle-sale-bid-1.5722706
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