TikTok Picks Oracle over Microsoft

 

Photo: Collected

After long procrastination, China's ByteDance has finally chosen a consortium led by Oracle to take over TikTok's US business, reports Reuters. Rival bidder Microsoft on the other hand has revealed its bid was rejected.

Chinese tech company ByteDance has decided to sell its video-sharing app TikTok's US operations to a consortium led by Oracle, reports said on Monday. This comes soon after rival bidder Microsoft announced that its bid had been rejected. Read more