By Echo Wang and Greg Roumeliotis
(Reuters) - ByteDance abandoned the sale of TikTok in the United States on Sunday to pursue a partnership with Oracle Corp <ORCL.N> that it hopes will spare it a U.S. ban while appeasing China's government, people familiar with the matter told Reuters.
The Beijing-based company had been in talks to divest TikTok's U.S. business to Oracle or a consortium led by Microsoft Corp <MSFT.O> after U.S. President Donald Trump ordered the sale last month and threatened to shut down the short-video app in the United States.
While TikTok is best known for its anodyne videos of dancing that go viral among teenagers, U.S. officials have expressed concerns that user information could be passed to China's communist government. TikTok, which has as many as 100 million U.S. users, has said it would not comply with any request to share such data with ...
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