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TikTok Nears Deal With Oracle on User Data Storage
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TikTok Nears Deal With Oracle on User Data Storage

Mar 11, 2022
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TikTok Nears Deal With Oracle on User Data Storage
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(Source: TikTok)

Short video sharing platform TikTok is close to reaching a deal with American computer software company Oracle Corporation, Reuters reported on Thursday citing people familiar with the matter. Under the deal, TikTok would store its U.S. users’ information on Oracle’s servers, while ByteDance, the parent company of TikTok, would be unable…

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