Technology: The race to buy Tik Tok precipitated by Trump: from company marked to great desire
Veto. Trump signs a decree that forces ByteDance to sell TikTok to a US company
The US software giant Oracle has won the bid for the US operations of the Chinese video-sharing application TikTok, and will
allow the popular social network to continue operating in the country,
various media reported this Sunday.
Oracle
won out over Microsoft,
which on Sunday announced in a statement that the owner of TikTok, ByteDance, had told them that they would not sell "their US operations."
According to
The Wall Street Journal, it
is expected that it will soon be confirmed that Oracle has been selected as
the "reliable technological partner" of TikTok in the United States,
in an agreement that will not be structured as a proper sale of the operations of the company. application.
US President Donald Trump had given ByteDance a deadline that expires
on September 15 to sell its US operations
to a local company or leave the country.
The White House considers TikTok a threat to national security because it is owned by a Chinese company, while ByteDance has rejected US accusations that it would
share information about US users with the Chinese government.
Trump already showed in August his interest in having Oracle, which maintains close ties with the White House, take over TikTok's operations in the United States.
TikTok, which in the US has
more than 80 million users,
is one of the social networks that has grown the most in recent years, where it has become the main entertainment for many teenagers and a marketing channel for important celebrities .
China's Ministry of Foreign Affairs has already made it clear that it
was opposed to the forced sale of TikTok,
an operation that in its opinion would violate the principles of the World Trade Organization (WTO).
In fact, the Chinese government sees the intention of selling TikTok as
another chapter in the trade war between Beijing and Washington,
which tries to contain the growing technological power of the Asian giant, which has already seen how the telecommunications firm Huawei has had facing restrictions, as well as the popular social network WeChat, owned by digital conglomerate Tencent.
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