Deutsche Welle: ByteDance to pursue partnership with Oracle to avoid US sale of TikTok

Deutsche Welle: ByteDance to pursue partnership with Oracle to avoid US sale of TikTok. “Chinese tech company ByteDance will seek a partnership deal with US tech company Oracle Corp, sources familiar with the negotiations said Monday, hoping for a workaround that will avoid a forced sale of TikTok in the US. Instead of the expected buyout of the video-sharing app’s US operations, the latest proposal would see Oracle become ByteDance’s tech partner, taking over management of TikTok’s US user data and storing it in Oracle’s cloud servers.”

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