Oracle Wins Bid for TikTok in U.S., Beating Microsoft - WSJ

Oracle beat out Microsoft in a deal to salvage the U.S. operations of the video-sharing app that has been caught in the middle of a geopolitical standoff. The deal is likely not to be structured as an outright sale, people familiar with the matter said.
Article Mon, Sep 14, 2020
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Oracle beat out Microsoft in a deal to salvage the U.S. operations of the video-sharing app that has been caught in the middle of a geopolitical standoff. The deal is likely not to be structured as an outright sale, people familiar with the matter said.