Home › ByteDance chooses Oracle as 'trusted tech partner,' rejects bid from Microsoft - report
 

Keywords :   


ByteDance chooses Oracle as 'trusted tech partner,' rejects bid from Microsoft - report

2020-09-14 08:26:00| Telecompaper Headlines

(Telecompaper) Byte has rejected Microsoft's offer for its TikTok operations in the US and reportedly chosen Oracle as its "trusted tech partner." The report, put out by the Wall Street Journal, came a few hours after Microsoft announced its bid had been denied, but added that the deal is not likely to be structured as an outright sale. It is also not yet know if the agreement with Oracle includes the transfer of TikTok algorithms.

Tags: report partner tech microsoft

Category:Telecommunications

Latest from this category

All news
»
15.05Indian spices face heat over global safety concerns
15.05'Corrupt ship inspectors demand our food and cargo'
15.05Taylor Swift Eras Tour to boost UK spending by 1bn, says report
15.05Three ways to win the rental property race
15.05Renters in scrum for homes as listing time slashed
14.05Nu Skin Releases 2023 Social Impact and Sustainability Report
14.05P&G Unveils Plans to Feature Brands During the Olympic and Paralympic Games Paris 2024
14.05The LOccitane Group Appoints Evelyne LY-Wainer Managing Director Global Travel Retail
More »