Oracle Emerges as Leading Contender in TikTok's U.S. Operations Deal
ByteDance reportedly favors Oracle as a partner while the company seeks to comply with U.S. government demands for divestment over national security concerns.
- Oracle is reportedly the preferred partner for managing TikTok's U.S. operations, according to sources familiar with ByteDance's internal discussions.
- President Trump has expressed support for Oracle's involvement and indicated there are four groups vying for a deal ahead of the April 5 deadline.
- TikTok's parent company ByteDance seeks to retain some operational control despite U.S. law requiring complete divestment of Chinese ownership.
- Oracle has been TikTok's cloud provider since 2022 and was previously involved in a similar proposal, known as 'Project Texas,' to address national security concerns.
- Other potential bidders include groups led by tech entrepreneurs and investors, but Oracle's existing infrastructure and ties to the Trump administration strengthen its position.
TechCrunch 
