Update: September 14, 2020
Soon after the news broke that ByteDance has denied selling TikTok's US operations to Microsoft, a new name took the place in the limelight and it was Oracle. A report from Reuters said that ByteDance has chosen Oracle as its technology partner and Oracle is also looking at closing an acquisition deal with ByteDance.
But according to China's State broadcaster CGTN citing sources, ByteDance is not even selling the operations to Oracle.
14/09/2020 06:11 AM