Tiktok has until April to finalize a sale to a buyer based in the United States, but uncertainties on the future of the abridged video application remain.
However, a new report appeared, suggesting that Oracle is the main candidate to serve as a Cloud technological partner to manage Tiktok in the United States, according to Information.
Sources such as investors, bankers and former familiar leaders with the parent company of Tiktok, Bytedance, said to the point of sale that the company promotes Oracle on other cloud suppliers. Since 2022, Tiktok has been Use of Oracle servers to store American user dataThis makes it a likely option for this offer.
The report suggests that Bytedance always wants to play a practical role in Tiktok’s operations, with Oracle as a partner.
In addition, President Trump has shown the management of the role of Oracle in the agreement.
Oracle did not respond to requests for comments.
