Tag Archives: video sharing app

Oracle Corp. said it will take a 12.5% ​​stake in TikTok Global and become the newly formed company’s cloud computing provider, culminating weeks of negotiations over a popular video-sharing app that became the focus. of the tension between the United States and China. Oracle is working with Walmart Inc. and …

TikTok’s parent company ByteDance has decided that it will not sell or transfer the algorithm behind the video-sharing app in any sale or divestment, the South China Morning Post reported, citing an informed source about the discussions in the TikTok’s boardroom. Chinese company. The company will not deliver the source …