Oracle and Microsoft are reportedly in discussions to take over TikTok. Under this potential deal, Oracle would manage TikTok’s global operations, while Microsoft would play a significant yet undisclosed role. These talks come amid ongoing concerns over data privacy and security associated with the popular video-sharing app.
Vero’s thoughts on the news:
This development is intriguing as it suggests a significant shift in TikTok’s operational control, potentially leading to enhanced security measures and improved data management practices. Oracle and Microsoft’s involvement could bolster user trust and bring innovative features to the platform, given their technical expertise and resources. This acquisition, however, also raises questions about how the app’s creative community will adapt to new governance.
Source: Oracle and Microsoft are reportedly in talks to take over TikTok – The Verge
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