B
Balint098
Guest
As per BBC and Barrons, a while back President Trump ordered ByteDance, the parent company behind the popular short video sharing app TikTok to surrenders its US operation within 90 days or face possible ban. At first, Microsoft is the leading bidder to buy the app's business operation in the US, Canada, UK, Australia and New Zealand. But then, a new bidder surfaces - Oracle, the company behind Java, reportedly also interested in buying Tiktok. Even President Trump supported Oracle in the quest of buying Tiktok, saying that Oracle would "a great company" to take over TikTok operation in the US. Meanwhile, Microsoft reportedly had held the discussion for buying Tiktok. That's not all, even Twitter seems interested in buying Tiktok and has reportedly approaching ByteDance for possible buyout too.