Business World

Oracle wins bid to partner with TikTok’s US business

Oracle beat Microsoft in the battle for the U.S. arm of TikTok with a deal structured as a partnership rather than an outright sale to try to navigate geopolitical tensions between Beijing and Washington, Reuters reported. ByteDance, TikTok‚Äôs Chinese owner, had been in talks to divest the U.S. business of its hugely popular short-video app […]