Reply to post: Updates

Wow, you guys have so much in common: Oracle hotly tipped to power TikTok’s operations as Microsoft deal rejected

Anonymous Coward
Facepalm

Updates

The China Global Television Network (CGTN) announced today that TikTok would not be sold to Oracle (or Microsoft).

Prior to this the Chinese Commerce Ministry announced changes to their export rules which could allow them to ban the licensing or sale of TikTok's IP (which could have been valuable for Oracle). Without this it's sale would, essentially, just be a customer list.

Get out the popcorn.

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