Oracle and Investors in Talks to Acquire TikTok’s Global Operations
In a significant development for the social media landscape, Oracle and a group of investors, including Microsoft, are reportedly in negotiations to take over TikTok’s global operations. The White House is said to be facilitating these discussions, which could reshape the ownership structure of the popular video-sharing platform.
Under the proposed deal, ByteDance, TikTok’s Chinese parent company, would retain a minority stake in the platform. Oracle, a tech giant with existing ties to TikTok’s infrastructure, is poised to play a crucial role in overseeing the app’s algorithm, data collection processes, and software updates.
Oracle’s involvement extends beyond mere ownership, as the company’s server network already supports much of TikTok’s operations. This existing relationship positions Oracle to provide comprehensive monitoring and oversight of TikTok’s activities, addressing concerns about Chinese influence over the platform.
While Microsoft is engaged in the talks, the extent of its involvement remains unclear. The tech behemoth was previously part of a 2020 bid for TikTok alongside Oracle and Walmart. However, that earlier attempt was met with skepticism from some quarters, with Microsoft co-founder Bill Gates describing it as a “poison[ed] chalice.”
Notably absent from the current negotiations is Walmart, which was part of the 2020 bid but has since withdrawn, citing concerns over TikTok’s valuation.
The ongoing discussions are set against a complex political and regulatory backdrop. President Trump recently issued an executive order granting TikTok a 75-day reprieve related to the US requirement for ByteDance to divest from the platform. The President had previously suggested a joint venture with 50 percent US ownership as a potential solution.
As negotiations continue, the situation remains fluid. Requests for comment from Oracle, Microsoft, TikTok, and the White House have been made, but responses are pending. This developing story has significant implications for the future of social media, data privacy, and international technology regulations.