Chinese state media reports TikTok won't be sold to Oracle denying reports

With Microsoft announcing that the U.S. operations of TikTok won't be sold to the technology company, rumours have broken out that Oracle will be the winner of the bid for the TikTok U.S. operations.
The Chinese state broadcaster CGTN has now reported that the TikTok owner ByteDance will sell its U.S. operations to neither Microsoft nor Oracle. ByteDance themselves refused to comment.