A deal with Microsoft could also have included Walmart, which joined forces with the tech giant during negotiations.
Ives said that even with Microsoft out of the picture,"while Oracle is technically the remaining bidder, without willing to sell its core algorithm we see no TikTok sale on the horizon."
"Oracle could be a technology partner, but a sale/divestiture of the US operations for TikTok remains the focus." TikTok meanwhile has filed a lawsuit challenging the US crackdown, contending that Trump's order was a misuse of the International Emergency Economic Powers Act because the platform is not"an unusual and extraordinary threat."
Controversially, Trump has demanded that the US government get a cut of any deal, which critics contend appears unconstitutional and akin to extortion. The bidding for TikTok comes during a broader deterioration of relations between the world's top two economies in recent months, with both exchanging fierce recriminations over trade, human rights, and the origins of the coronavirus pandemic.
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