Oracle and Microsoft are in advanced negotiations to acquire control of TikTok’s global operations. This new development has shown a twist in the ongoing saga surrounding the popular social media platform’s ownership structure. The proposed deal would allow ByteDance, TikTok’s Chinese parent company, to retain a minority stake while addressing U.S. security concerns.
Under the potential agreement, Oracle would leverage its existing server infrastructure to oversee TikTok’s critical operations, including algorithm management, data handling, and software updates. This arrangement aims to reduce Chinese oversight while maintaining the platform’s functionality for its massive global user base.
The talks have attracted various high-profile potential investors, including Tesla CEO Elon Musk, real estate billionaire Frank McCourt, and “Shark Tank” investor Kevin O’Leary, who reportedly offered $20 billion for the platform.
The negotiations come amid persistent concerns about TikTok’s data handling practices and potential ties to Chinese authorities. The platform continues to face regulatory challenges worldwide, including a complete ban in India and privacy protection lawsuits targeting young users.
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The current discussions take place during a 75-day temporary period granted by a U.S. executive order, protecting ByteDance from immediate divestiture enforcement actions. This marks a significant shift from the failed 2020 attempt when Microsoft, Oracle, and Walmart jointly pursued TikTok’s acquisition.
The outcome of these negotiations could reshape the future of one of the world’s most popular social media platforms, balancing national security concerns with maintaining TikTok’s global reach and user experience.
