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Microsoft out from deal, this giant company can get command of Tiktok – News in Headlines
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Microsoft out from deal, this giant company can get command of Tiktok

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Tiktok was in talks for a long time about the sale of American operations. The first name came from the Microsoft company during this conversation. However, now the Microsoft company has withdrawn from this deal. On behalf of Microsoft, it has been made clear that China-based ByteDance company will not sell Tiktok’s American operations to Microsoft. No information has been received about the reason for not reaching the end of this deal. But it is certain that Tiktok’s main company ByteDance and the giant tech company Microsoft had been in talks for a long time about Tiktok buying. 

According to reports, Tiktok’s owner company Bytedance has given more importance to Oracle company than Microsoft. In this case, tiktok is expected to get the command of Oracle instead of Microsoft. According to sources, under the new development, the Oracle company can become the technology partner of ByteDance in the US. That means the Oracle company will get the responsibility of managing the data of American users. Let us know that Oracle had shown interest in purchasing Tiktok recently. And the conversation between Oracle and Tiktok was also going on for the last few days. However, people associated with this case have refused to make any official comment about it at the moment. Microsoft said on Sunday that the purchase process had been canceled by Tiktok. However, there is no statement from Tiktok about this. 

Tiktok was threatened with closure by Trump 

Let us know that US President Donald Trump ordered the sale of Tiktok’s US operations last month. At the same time, it was threatened to close the popular short video app Tiktok. Trump called Tiktok a threat to national security. It was also alleged that Tiktok sends data of American citizens to the Chinese Communist government. 

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Divya Sharma

Editor in Chief with Newsinheadlines, Author, Cover Story around Business and Entrepreneurship.

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