Oracle Corp. won the bidding for the U.S. operations of the video-sharing app TikTok, people familiar with the matter said, beating out Microsoft Corp. in a high-profile deal to salvage a social-media sensation that has been caught in the middle of a geopolitical standoff. Oracle is set to be announced as TikTok’s “trusted tech partner”...

Source: Wall Street Journal September 13, 2020 23:32 UTC