That is the widespread evaluation on the early info filtering via in regards to the ByteDance resolution on Oracle’s bid.
Microsoft is out of the race:
As a substitute it seems ByteDance has favoured a enterprise partnership with Oracle. Bloomberg report the deal between the 2 “will look extra like a company restructuring than an outright sale”. Bloomberg citing unnamed sources.
- Phrases being mentioned with Oracle are nonetheless evolving
- For instance, Oracle might take a stake of a newly fashioned U.S. enterprise whereas serving as TikTok’s U.S. expertise accomplice and housing TikTok’s information in Oracle’s cloud servers.
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