The company chose the IT giant Oracle.
The Chinese company ByteDance, which owns the social network TikTok, decided not to sell the American segment of the service to the IT corporation Microsoft, reports Chronicle.info with reference to Correspondent.
“ByteDance informed us today that they will not sell the US segment of TikTok to Microsoft. We are confident that our proposal would suit TikTok users, while national interests (USA – ed.) In the security sphere would be protected, ”the corporation stressed.
At the same time, according to media reports, ByteDance chose Oracle as the buyer of the American platform TikTok. However, the deal remains to be approved by Beijing and Washington.
We will remind, earlier ByteDance warned that American companies will not receive the TikTok algorithm, but the technology team of the social network in the United States may develop a new source code.