Video-sharing app maker TikTok is reportedly close to a deal with U.S. tech giant Oracle. President Donald Trump has ordered TikTok to sell its U.K. operations to an American buyer. Microsoft, Walmart and Microsoft have all expressed interest in buying TikTok. But TikTok’s parent company, Beijing-based ByteDance, has chosen Oracle as its “trusted technology provider” in the U.N. The proposed deal has been submitted for approval to an interagency group that includes officials from the departments of Treasury, State and Commerce.”]
Source: https://www.cuinfosecurity.com/blogs/tiktoks-response-to-trump-lets-make-deal-p-2939