Oracle and Microsoft are reportedly in talks to take over TikTok

Image: Cath Virginia / The Verge, Getty Images Oracle and a group of investors that includes Microsoft are in talks to take over TikTok’s global operations, reports NPR. The deal, which the White House is reportedly negotiating, would see ByteDance keeping a minority stake in TikTok while “the app’s algorithm, data collection and software updates will be overseen by Oracle.”
Oracle’s server network already provides the bulk of TikTok’s backbone, and under the