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Oracle won a bid for TikTok in the United States after Microsoft’s offer was rejected



Oracle Corp. won the US operations for the video sharing app TikTok, said a person familiar with the matter, defeating Microsoft Corp. in a deal to rescue a social media service that was caught in the midst of geopolitical opposition.

Oracle will be declared a “trusted technical partner” of TikTok in the United States and the deal is unlikely to be structured as a direct sale, the person said.


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