Oracle Wins Bid for TikTok in U.S.; Microsoft Proposal Is Rejected

Oracle won the bidding for the U.S. operations of the video-sharing app TikTok, a person familiar with the matter said, beating out Microsoft in a deal to salvage a social-media service that has been caught in the middle of a geopolitical standoff.

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September 13, 2020 @ 4:59 PM PST
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