Washington Post

TikTok chooses Oracle as U.S. 'technology partner'

Foto: Reuters/Dado Ruvic/Illustration

Oracle emerged late Sunday as the surprise victor in wooing short-term video app TikTok, which is proposing a compromise to the Trump administration that would allow it to potentially keep its current ownership, according to people familiar with the discussions.

The people, who spoke on the condition of anonymity to discuss the deliberations freely, said TikTok recently put forward a proposal to the U.S. government that would allow its Chinese parent company, ByteDance, to retain ownership but outsource cloud management of the data. One of the people said that TikTok chose Oracle as its U.S. "technology partner" Sunday afternoon and that the companies brokered the deal in an attempt to satisfy regulator concerns...

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