Audio By Carbonatix
Oracle has reportedly won a deal to manage TikTok’s US cloud operations. Oracle had been rumored to be part of the bidding process to acquire TikTok, but The Wall Street Journal reports that the company has been selected as a “trusted tech partner” instead.
This is different from an outright sale, and appears to suggest Oracle will be helping run TikTok’s US operations with its own cloud technologies.
News of an Oracle deal comes just an hour after Microsoft revealed it was no longer acquiring TikTok after its bid was rejected by TikTok owner ByteDance. Microsoft had been pursuing a deal to buy TikTok’s operations in the US, Australia, Canada, and New Zealand. It’s clear talks have swayed away from a full acquisition, with Oracle reportedly winning the bid to be a technology partner instead.
President Trump signed an executive order August 6th blocking all transactions with ByteDance, and the order demanded an American company purchase TikTok’s US business.
The EO was intended to take effect within 45 days, but the president signed a follow-up order giving ByteDance 90 days to sell or spin off TikTok in the US. That order was a result of an investigation of the company by the Committee on Foreign Investment in the US (CFIUS), which oversees foreign acquisitions of US companies for any potential security risks.
Oracle has a history of collaboration with the US government, making its partnership with TikTok a strategic move amid the growing undercurrent of Chinese opposition running through the White House and Congress.
Latest Stories
-
One killed, 37 injured in Suhum–Mankrong highway crash
3 minutes -
Five best young players at AFCON 2025
8 minutes -
The creatives we need: Disruptors and revolutionaries
17 minutes -
GoldBod formalisation yields $3.8bn in FX, far outweighs BoG losses – Report
18 minutes -
Bank of Ghana relieved of gold trading burden by GoldBod
26 minutes -
Agricultural Value Chains and Export Competitiveness: Transforming Ghana Beyond Cocoa
41 minutes -
First Atlantic Bank secures regulatory approval to operate in Liberia
55 minutes -
Today’s Front pages: Monday, January 12, 2026
60 minutes -
Presidential staffers effectively serve as deputy ministers; Mahama not running a lean gov’t – Miracles Aboagye
1 hour -
Show restraint after Ayawaso East MP’s death; succession talk premature – Walewale MP
1 hour -
Beyond Gold Trading: Study says GoldBod can reshape Ghana’s economic architecture
1 hour -
Cost of living has worsened under NDC after one year – Dennis Miracles Aboagye
1 hour -
GoldBod emerges as strategic tool for forex stability and economic resilience – Report
2 hours -
Sanity Africa Poll: Ken Agyapong commands majority 52% ahead of NPP primaries
2 hours -
Tuah-Yeboah questions AG’s basis for dropping Saglemi case
2 hours
