ByteDance said to have picked Oracle as winning bidder for TikTok's US ops

ByteDance said to have picked Oracle as winning bidder for TikTok's US ops

Photo: REUTERS

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, people familiar with the matter said.

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