To avoid TikTok's sale in US, ByteDance partners with Oracle: Report

Microsoft loses out; Chinese media stresses American operations won't be sold to any firm

Oracle beat Microsoft in the battle for the US arm of TikTok with a deal structured as a partnership, rather than an outright sale, to try to navigate geopolitical tensions between Beijing and Washington. Oracle confirmed that it was part of a proposal made by TikTok’s parent ByteDance to the American government to become a technology partner for the Chinese firm.

ByteDance had been in talks to divest the US business of its hugely popular short-video app to Oracle or a consortium led by Microsoft Corp after US President Donald Trump ordered the sale last month and said he might otherwise