Oracle is reportedly a top choice for helping run TikTok

Oracle is reportedly a top choice for helping run TikTok
By: Tech Crunch Posted On: March 13, 2025 View: 7

TikTok has until April to finalize a sale to a U.S.-based buyer, yet uncertainties about the future of the short-form video app remain.

However, a new report has emerged, suggesting that Oracle is the leading candidate to serve as the cloud technology partner for managing TikTok in the U.S., according to The Information

Sources including investors, bankers, and former executives familiar with TikTok’s parent company, ByteDance, told the outlet that the company favors Oracle over other cloud providers. Since 2022, TikTok has been utilizing Oracle servers to store data of U.S. users, making it a likely option for this deal.

The report suggests that ByteDance still wants to have a hands-on role in TikTok’s operations, with Oracle as a partner.

Additionally, President Trump has shown support for Oracle’s role in the deal.  

Oracle hasn’t responded to requests for comment.

Read this on Tech Crunch BitAddax - Win with Crypto
  Contact Us
  Follow Us
  About

Headlines Portal is your source for all news globally.