The app is a home for fun, goofy videos that are easy to make and to watch. That’s made it immensely popular, particularly with young people. – AP
HONG KONG: TikTok’s parent company ByteDance has chosen Oracle over Microsoft as a new American technology partner to help keep the popular video-sharing app operating in the United States, according to a person familiar with the deal.
Microsoft, which had been vying for a deal, said in a statement Sept 13 that its bid to acquire TikTok's US operations was rejected. That came a week before the Sept 20 deadline for ByteDance to sell TikTok to an American company or risk being banned in the United States over national security concerns.
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