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Microsoft Gift Card Digital Codes The owner of TikTok has chosen Oracle over Microsoft as the American tech partner that could help keep the popular video-sharing app running in the U.S., according to a source familiar with the deal who was not authorized to speak publicly about it.

Discussions to buy those U.S. operations, owned by Beijing-based ByteDance, started among certain U.S. tech companies last month. ByteDance was ordered to sell after the Trump administration alleged that the popular social media service was funneling information on U.S. users to the Chinese government.

Here’s Oracle’s statement in full:

    Oracle confirms Secretary Mnuchin’s statement that it is part of the proposal submitted by ByteDance to the Treasury Department over the weekend in which Oracle will serve as the trusted technology provider.  Oracle has a 40-year track record providing secure, highly performant technology solutions.

It’s not clear if the proposed deal will only cover TikTok’s U.S. business, and, if so, how it will be split from the rest of TikTok’s social media platform, which is popular worldwide. ByteDance also owns a similar video app, Douyin, for the Chinese market.

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