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.

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.

Tech billionaire Larry Ellison’s Oracle is reportedly a “leading contender to help run TikTok” as the Trump administration works to secure a sale that would avoid a complete ban of the China-owned app.

Oracle Corp. is in discussions with Indonesia’s government to establish a cloud services center in the country, people familiar with the matter said, as the US technology giant looks to expand its data center footprint in Southeast Asia.

Oracle Corp is in discussions with the Indonesian government to establish a cloud services center in the country's Batam Island, Bloomberg News reported on Friday, citing people familiar with the matter.