TikTok has until April to finalize a sale to a U.S.-based buyer, yet uncertainties about the future of the short-form video app remain. However, a new Oracle is reportedly the leading candidate to serve as the cloud technology partner for managing TikTok in the U.

TikTok is just weeks away from shutting operations in the US, unless it reaches a deal - and Oracle could be in pole position.

According to a report from The Information, Oracle is in the lead to buy TikTok's US stake. More details here.

Oracle has emerged as a leading contender to help run TikTok as part of a deal President Donald Trump is orchestrating to satisfy last year’s divest-or-ban law, say investors, bankers and former executives familiar with the Chinese tech giant.

Oracle is reportedly a top contender to help run TikTok, which has until April to finalize a sale to a US-based buyer. New reports suggest that Texas-based computer tech giant Oracle is the leading candidate to serve as the cloud technology partner for managing TikTok in the US.