By Insta Chronicles
After beating out Microsoft, Oracle could be getting ready to fly off into the sunset with U.S. TikTok.Photo: Scott Olson (Getty Images) Oracle, one of President Donald Trump’s biggest supporters in Silicon Valley, beat out Microsoft for TikTok’s U.S. operations on Sunday, multip
le media outlets reported. Nonetheless, after weeks of talking about a sale, it is not clear that the deal will involve one. According to the Washington Post, Bytedance, TikTok’s Chinese owner, will announce that Oracle will be TikTok’s “technology partner” in the U.S. The move ai
ms to satisfy fears from the Trump administration and others that TikTok is being used to by the Chinese government to spy on U.S. users. The worries led Trump to announce he would ban TikTok in the U.S. if it weren’t sold to an American company promptly. TikTok has vehemently deni
ed allegations that it funnels U.S. data to China. The Post reports that the deal would likely involve Oracle taking a stake in the company, although this is not confirmed yet. The rejection of Microsoft’s offer comes amid reports that China would rather see TikTok shut down in
the U.S. instead of being forced to sell it by the Trump administration. Microsoft was seen as the big money in the negotiations for U.S. TikTok, and even joined forces with Walmart, another giant, in its bid. “We are confident our proposal would have been good for TikTok’s users,
while protecting national security interests,” Microsoft said in a statement announcing that it had lost the bid. “To do this, we would have made significant changes to ensure the service met the highest standards for security, privacy, online safety, and combatting disinformation