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The drama over the acquisition of TikTok in the face of the imminent blockade by the United States government and the Donald Trump administration has put all things heart in a matter of hours. After a period of extreme secrecy by all those involved, the initial rumor emerged that the Chinese government preferred to close the app in Anglo-Saxon territory rather than sell any part of ByteDance.
But shortly after Microsoft came out officially to announce that they were leaving the negotiating table after their offer was directly rejected by the company that owns the popular app.
But now an even more unexpected twist has emerged from the Wall Street Journal, with the appearance of the report that Oracle would have become the winner of the bidding war to keep the platform. What would this imply According to the newspaper Oracle, it will soon be announced as the new "trusted technology partner" of TikTok in the United States.
The publication assures that a person familiar with the matter says that the deal "probably would not be structured as a direct sale." This would involve several things.
The first, most obvious and most important is that TikTok would not be blocked in the United States, because it would have a trusted partner: Oracle, Microsoft`s main competitor. Second, it would also imply that Larry Ellison, the co-founder of the American company and a relatively close friend of Donald Trump, would be the new operator of the app.
Which at many levels would mean a great deal for many of those involved.
Since the president in the past directly expressed his approval at the possibility of Oracle keeping TikTok.
This makes us wonder what the background is for the entire ban movement against ByteDance.
But everything still needs to become official.
Publication Date: 2020-09-14
Source: Fayerwayer.com: Por York Perry
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