TikTok faces a deadline to sell to a U.S. buyer, with Oracle emerging as the top choice for cloud management. Sources report that ByteDance favors Oracle due to their existing partnership since 2022, where Oracle servers host U.S. user data. Despite this, ByteDance wishes to retain involvement in TikTok's operations. Additionally, President Trump's support of Oracle complicates the potential deal, highlighting the regulatory scrutiny TikTok faces regarding its Chinese ownership and operational transparency in the U.S. market.
Oracle is positioned as the leading candidate to manage TikTok's cloud technology in the U.S., preferred over other cloud providers due to an existing partnership.
ByteDance intends to maintain a significant role in TikTok's operations, while Oracle provides necessary cloud services, indicating a collaborative relationship.
Support from former executives and investors strengthens Oracle's candidacy, as TikTok continues to leverage Oracle servers for U.S. user data management since 2022.
President Trump's endorsement of Oracle's role further complicates the landscape of TikTok's negotiations amidst regulatory scrutiny and operational uncertainties.
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