Oracle Confirms Bid as TikTok ‘Trusted Technology Provider,’ Pending U.S. Approval

The software company’s official confirmation comes after Treasury Secretary Steve Mnuchin said in an interview with CNBC Monday that the U.S. government received a proposal from Oracle to partner with TikTok. That came after Microsoft said Sunday that ByteDance had rejected its acquisition offer for TikTok.

Source: Oracle Confirms Bid as TikTok ‘Trusted Technology Provider,’ Deal Pending Trump Administration Approval

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