Oracle Said to Be TikTok's New Partner

Oracle has won the bidding for the U.S. operations of TikTok, according to news reports from the The Wall Street Journal and others. WSJ said that the information came from people "familiar with the matter."

Walmart and Microsoft were also competing for the relationship with the Chinese video-sharing social networking service owned by ByteDance, a Beijing-based company. The deal was prompted by concerns about national security expressed by the Trump administration which told ByteDance in August that it would have to sell its U.S. operations to an American company or stop U.S. operations.

In a Sunday blog post, Microsoft announced it was out of the deal, stating:

"ByteDance let us know today they would not be selling TikTok’s US operations to Microsoft. We are confident our proposal would have been good for TikTok’s users, while protecting national security interests. To do this, we would have made significant changes to ensure the service met the highest standards for security, privacy, online safety, and combatting disinformation, and we made these principles clear in our August statement. We look forward to seeing how the service evolves in these important areas."

The WSJ article noted that the arrangement between the companies is expected to position Oracle as TikTok’s “trusted tech partner” in the U.S., and that it is not likely to be structured as an actual sale.

For more information about Oracle, go to

Related Articles

Oracle and Walmart jointly announced on Saturday that their TikTok deal continues to move forward. "The President has announced that ByteDance has received tentative approval for an agreement with the U.S. Government to resolve the outstanding issues, which will now include Oracle and Walmart together investing to acquire 20% of the newly formed TikTok Global business," the companies said.

Posted September 21, 2020

Oracle has confirmed that it has a deal with TikTok. In an announcement, Oracle said: "Oracle confirms Secretary Mnuchin's statement that it is part of the proposal submitted by ByteDance to the Treasury Department over the weekend in which Oracle will serve as the trusted technology provider. Oracle has a 40-year track record providing secure, highly performant technology solutions."

Posted September 16, 2020