Future TIKTOK future: Oracle as a possible buyer in focus!
Future TIKTOK future: Oracle as a possible buyer in focus!
In the race for control over Tikkok in the USA, an exciting turn is emerging! A buyer could be forced to develop their own recommendation software in order to meet the strict requirements of US law. Frank Mcourt, the American prospective buyer, explained that the Tikok algorithm is regarded by its Chinese owner bytedance as a "national intellectual property" and therefore cannot be sold, the Krone . The US government originally wanted to enforce a statutory period for sale until January 19-but President Donald Trump granted a grace period until April 5, which increases uncertainty about the future of the short video app.
Oracle as a leading player in the Tikok game?
According to reports, Oracle is a possible leader for Tikkok's US companies. According to the Firstpost , Bytedance is interested in winning Oracle for checking the app. These discussions are still in an advanced stage, and the White House is involved in the negotiations. In his “Project Liberty” project, McCourt sees an americanized TIKTOK with the possibility for users to control the algorithm himself. Oracle should act as a technical service provider and monitor data flows and software updates, while Bytedance could continue to keep a minority stake in Tiktok.In addition, there were doubts that there were doubts as to whether such an agreement could actually reduce China's influence on the platform. Despite the cooperation with Oracle, the algorithm could continue to stay in Chinese hands. The deal, which is considered to be extremely complex among experts, could raise Tikkok to a value of up to $ 100 billion, especially if the algorithm -based recycling material flows into the business. While the negotiations continue, the future of Tikkok in the USA remains uncertain and heavily dependent on the strategic decisions of the US government.
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| Ort | Washington, USA |
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