(Bloomberg) — Oracle Corp.’s negotiations for TikTok’s U.S. operations have intensified in recent days in a sign that the software maker is gaining the upper hand over its main rival, Microsoft Corp., people with knowledge of the matter said.A decision could come in the next couple of days, one of the people said. Early offers from both parties valued the U.S. business at about $25 billion, but that was before Chinese officials weighed in with new rules imposing limits on technology exports, and the terms may have also changed, the people said, asking not to be identified as the information …read more
Source:: Yahoo Finance
