Oracle reportedly wins deal for TikTok’s US operations as ‘trusted tech partner’

The Verge Monday, 14 September 2020
Oracle reportedly wins deal for TikTok’s US operations as ‘trusted tech partner’Photo by Joan Cros/NurPhoto via Getty Images

Oracle has reportedly won a deal to manage TikTok’s US cloud operations. Oracle had been rumored to be part of the bidding process to acquire TikTok, but The Wall Street Journal reports that the company has been selected as a “trusted tech partner” instead. This is different from an outright sale, and appears to suggest Oracle will be helping run TikTok’s US operations with its own cloud technologies.

News of an Oracle deal comes just an hour after Microsoft revealed it was no longer acquiring TikTok after its bid was rejected by TikTok owner ByteDance. Microsoft had been pursuing a deal to buy TikTok’s operations in the US, Australia, Canada, and New Zealand. It’s clear talks have swayed away from a full acquisition, with Oracle...
Video Credit: Digital Trends - Published
News video: A TikTok Decision Is Likely Coming Today; Game Developers Hacked | Digital Trends Live 9.17.20

A TikTok Decision Is Likely Coming Today; Game Developers Hacked | Digital Trends Live 9.17.20

On Digital Trends Live today: There's a new way to 911 with Carbyne911 and we talk to CEO Amir Elichai; Supply chains are going green and we talk to Co-founder and CEO of GoodOps Divya Demato; Sony's PS5 launch details dropped yesterday during their partner showcase and Mike Ardizzone will be on to...

You Might Like

💡 One News Page Knowledge: Other News Mentions

Oracle Corporation Oracle Corporation American multinational computer technology corporation

Oracle founder donated $250,000 to Graham PAC in final days of TikTok deal

Photo by Tom Williams-Pool/Getty Images

Oracle CEO Larry Ellison donated $250,000 to a super PAC supporting Sen. Lindsey Graham’s (R-SC) reelection..

The Verge
TikTok avoids shutdown [Video]

TikTok avoids shutdown

[NFA] U.S. President Donald Trump said on Saturday he supported a deal in principle that would allow TikTok to continue to operate in the United States, even as it appeared to conflict with his earlier order for China's ByteDance to divest the video app. Emer McCarthy reports.

Credit: Reuters - Politics    Duration: 01:40Published
Trump says he will receive Oracle TikTok report Thursday [Video]

Trump says he will receive Oracle TikTok report Thursday

U.S. President Donald Trump said on Wednesday (September 16) he was not ready to sign off on a proposed deal involving Oracle Corp and ByteDance's TikTok.

Credit: Reuters Studio    Duration: 01:02Published
Trump says Oracle 'very close' to TikTok deal [Video]

Trump says Oracle 'very close' to TikTok deal

President Donald Trump said on Tuesday he had heard Oracle was very close to a deal over ByteDance's TikTok, even as sources say the Chinese company is seeking to keep majority ownership of the popular video app. Gloria Tso reports

Credit: Reuters Studio    Duration: 01:57Published

TikTok TikTok Video-sharing application

Quibi is shutting down

Illustration by Alex Castro / The Verge

Quibi — the shortform mobile-focused streaming service — is shutting down after just over six months of..

The Verge

Thailand welcomes first tourists since March

TikTok’s 90 days in the cooking pot Thailand has welcomed its first group of tourists in seven months, as part of an experiment aimed at testing if a wider..
Riverdale trio rock TikTok with funny joint account [Video]

Riverdale trio rock TikTok with funny joint account

Lili Reinhart, Camila Mendes, and Madelaine Petsch are setting TikTok alight with their hilarious new videos - and their joint account already has over a million followers.

Credit: Cover Video STUDIO    Duration: 00:52Published

Pakistan lifts TikTok ban after just 10 days

Illustration by Alex Castro / The Verge

Pakistan has lifted its ban on TikTok, just 10 days after blocking the app on the grounds that it hosted..

The Verge

Microsoft Microsoft American technology company

Who is Google’s market power hurting?

Illustration by Alex Castro / The Verge

Yesterday, the Department of Justice and 11 states sued Google for violating antitrust law. The complaint..

The Verge

iOS 14 resets default email and browser apps after App Store updates

Photo by Amelia Holowaty Krales / The Verge

Apple continues to have trouble with its new default app settings in iOS 14 and iPadOS 14. After it was..

The Verge

How Google evolved from 'cuddly' startup to antitrust target

In Google's infancy, co-founders Larry Page and Sergey Brin reviled Microsoft as a technological bully that ruthlessly abused its dominance of the personal..
New Zealand Herald

Hands-on with Amazon’s Luna game streaming service

Amazon’s Luna streaming service has arrived, with the company rolling out early access to a limited set of customers today. It’s starting with a library of..
The Verge

Windows apps now run on Chromebooks with Parallels Desktop

Windows running on Chrome OS.

Google is bringing Windows app support to Chromebooks today through a partnership with Parallels. First announced..

The Verge

The Wall Street Journal The Wall Street Journal American business-focused daily broadsheet newspaper based in New York City

Streaming service Quibi scuttled after only six months

After only six months in operation, the much-vaunted $2.4 billion ($US1.8 billion) streaming service Quibi is calling it quits.According to the Wall Street..
New Zealand Herald

Quibi streaming service shutting down after less than 1 year

Quibi, the video-streaming service designed to revolve around smartphone screens, is no more, according to The Wall Street Journal. After launching only in April..

Is Quibi done for?

Illustration by Grayson Blackmon / The Verge

Struggling streaming service Quibi’s days appear to be numbered. The mobile-centric platform, which..

The Verge
Quibi Considers Shutting Down [Video]

Quibi Considers Shutting Down

The Wall Street Journal is reporting that streaming service Quibi is considering shutting down. Quibi has struggled to gain a foothold in the streaming industry since its launch in April. Business Insider reports that Quibi has failed to attract viewers and none of its shows have become major hits. Last month WSJ reported that Quibi was exploring multiple options, including a possible sale. The company boasted Hewlett Packard Enterprises CEO Meg Whitman as its CEO.

Credit: Wochit News    Duration: 00:29Published

ByteDance Chinese multinational internet technology company

TikTok chief security officer says its servers are already separate from ByteDance

Illustration by Alex Castro / The Verge

TikTok’s chief security officer says in new court documents that the US Commerce Department has..

The Verge

New Zealand New Zealand Island country in the South Pacific

Netsafe Global Kids Online report: Quarter of New Zealand kids upset by online experiences

A quarter of New Zealand children were upset by an online experience in the last year while 36 per cent were exposed to violent or gory images and a fifth to..
New Zealand Herald

England to host Republic of Ireland in friendly at Wembley on 12 November

England will play the Republic of Ireland in an international friendly at Wembley on 12 November after New Zealand pulled out.
BBC News

Guess Who This Grinning Guy Turned Into!

Before this happy kid became one of the worlds' most beloved celebrities starring in franchise films, he was just another cute kid reppin' Hawaiian shirts..

Twenty-five new cases of Covid-19 recorded in NZ today

The Ministry of Health has today confirmed a total of 25 new cases of Covid-19 in...

Covid 19 coronavirus: Man breaches quarantine in Rarotonga by handing over phone after flying out from Auckland

A man who flew out from Auckland to Rarotonga, has breached quarantine by handing over his phone to his daughter for a new SIM card.The man and his wife flew out..
New Zealand Herald

Related videos from verified sources

TikTok To Stay At Least After Election [Video]

TikTok To Stay At Least After Election

Jim Watson/AFP via Getty Images; Samantha Lee/Business Insider A US federal judge has scheduled a hearing for November 4 to next decide on whether to temporarily block the US government's attempt to..

Credit: Wochit     Duration: 00:33Published
Who is Avani? [Video]

Who is Avani?

Avani Gregg is a makeup artist who is part of the TikTok creator collective known as the Hype House.She has 13.8 million Instagram followers, 27.1 million TikTok followers and 1.2 million YouTube..

Credit: In The Know Wibbitz     Duration: 01:03Published
TikTok Ban Temporarily Halted as Ownership Details Get Sorted [Video]

TikTok Ban Temporarily Halted as Ownership Details Get Sorted

A federal judge has halted a ban on TikTok's U.S. operations until at least November 12, the final deadline set by the Trump administration. Oracle and TikTok's owner Bytedance are currently working..

Credit: Cheddar Inc.     Duration: 06:09Published

Tweets about this