YouTube announced the launch of its TikTok competitor called 'Shorts.' The features are well-known in the TikTok app, which has over 800 million active users worldwide, but have since been cloned by Instagram for its new Reels – and now YouTube has joined as a copycat. Sources told the Wall Street Journal that the computer software company Oracle has won the bidding for TikTok's US operations. ByteDance, TikTok’s parent company, will need approval for the deal from governments of the United States and China, the Wall Street Journal reports. The Wall Street Journal reported Monday that computer software company Oracle has won the bidding for TikTok's US operations.

Source: Daily Mail September 14, 2020 15:53 UTC