TikTok To Be Acquired by Microsoft? Satya Nadella-Led Company in Talks To Acquire ByteDance-Owned Platform in US, Oracle Might Oversee Algorithm and Data Collection
Microsoft is reportedly in talks to acquire ByteDance-owned TikTok, with Oracle may manage Algorithm and data collection.
TikTok, the ByteDance-owned platform, is reportedly at the centre of acquisition talks involving Microsoft and a group of US investors. As per reports, ByteDance would likely retain a minority stake in the company. Oracle may possibly oversee key operations like the algorithm and data collection. Reports suggest that Oracle is planning to take a leading role in managing TikTokâs data to ensure compliance with US regulations. TikTok Buyout: US-Based Perplexity AI Company Submits Revised Proposal To Merge With Chinaâs Short-Form Video Platform.
Microsoft in Talks To Acquire TikTok
BREAKING: Microsoft is in talks to acquire TikTok
â The Spectator Index (@spectatorindex) January 28, 2025
(The above story first appeared on LatestLY on Jan 28, 2025 09:36 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
