How Oracle ended up with TikTok

Hong Kong CNN Business — TikTok is making the corporate technology company Oracle its business partner in the United States. “I think that Oracle would be certainly somebody that could handle it.” ‘Political considerations’ TikTok resorted to Oracle “mainly out of political considerations,” said Shirley Yu, visiting fellow at the London School of Economics and founder of an eponymous company that assesses strategy, business, and political risk for companies working in China. “They won’t give up the key ingredients, they’re not forced to give everything away and they get an infusion of cash for a big Chinese tech company.” Hosting TikTok’s US data Like Microsoft, TikTok could be a big get for Oracle, depending on how the terms of the partnership shake out. Reporting suggests that Oracle won’t be able to buy TikTok outright, but given its expertise in data and cloud security, it could become the US host of TikTok data. “Oracle has incredible data and cloud security,” said Johnson, so the US national security establishment may determine that “as long as is here, it’s fine.” “Based on early reports and how they are characterizing this as not an ‘outright sale’ and calling Oracle a ‘trusted tech partner,’ this has likely turned into a deal about Oracle’s cloud, and storing US-based TikTok users’ data in Oracle’s data center,” said Brad Haller, a director in the mergers and acquisitions practice at national consulting firm West Monroe.