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Oracle to edge out Microsoft in purchasing TikTok

Earlier this month, Microsoft confirmed its intention to buy out the U.S. operations of ByteDance, the owner of the infamous TikTok application. Earlier today, the software company received verbal approval from US President Donald Trump during a speech in Yuma, Arizona. According to France Télécom, Oracle has an advantage over its main competitor, Microsoft, the Chinese company’s stakeholder partners. Oracle’s president and co-founder is Larry Ellison, who supports the Trump administration and even hosted a fundraising event for him earlier this year.

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