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TikTok selects Oracle in the US after rejecting Microsoft offer

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KOLKATA: TikTok has chosen Oracle for a business partnership after abandoning talks with Microsoft. The Bytedance owned short-video app has chosen Oracle as a technology partner.

According to reports, the terms of the deal are still evolving. It is not clear yet if Oracle would take an ownership stake in TikTok’s US operations. The decision comes at a time when the social media app is running out of time to close a deal in the US within the tight schedule given by the Trump administration. It has to block a deal within 20 September.

Earlier on Sunday, tech giant Microsoft, another bidder for TikTok’s US operation announced that the latter has rejected its offer. “ByteDance let us know today they would not be selling TikTok’s U.S. operations to Microsoft,” Microsoft said. “We are confident our proposal would have been good for TikTok’s users, while protecting national security interests,” it added.

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However, the future of the deal is subject to approval from Washington and Beijing. TikTok’s US stake sell has turned to be more difficult since Beijing issued new restrictions or bans in late August on tech exports, requiring companies to seek government approval.

TikTok has more than 175 million downloads in the US. While the administration alleged TikTok could misuse user information, the company has continuously refuted any claim of providing any US user data to the Chinese government. 

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MAM

Schneider Electric launches One Unit Mission for Women’s Day

Green Yodha 2.0 urges every Indian household to save one unit of electricity daily.

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MUMBAI: Schneider Electric just flipped the switch on savings because this Women’s Day the brightest idea isn’t a new bulb, it’s turning one unit off. Schneider Electric launched the second phase of its Green Yodha initiative, ‘One Unit Mission’, on International Women’s Day 2026, calling on every Indian household to save at least one unit of electricity daily. The campaign was flagged off in Delhi by chief minister Rekha Gupta, actor and sustainability advocate Bhumi Pednekar, and other dignitaries.

Rekha Gupta said, “Delhi’s journey towards clean, resilient growth begins with how efficiently we use the energy we already have. Green Yodha 2.0 reminds us that every citizen is a stakeholder in India’s energy future, and saving one unit of power today is an act of nation-building for tomorrow.”

Schneider Electric India zone president, MD & CEO Deepak Sharma added, “India is entering a decade of unprecedented growth, and that growth will require enormous amounts of energy. The real challenge is not just how much power we produce, but how intelligently we use it. If every Indian household saves just one unit of electricity a day, the impact would be equivalent to planting billions of trees or taking millions of cars off the road.”

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Schneider Electric India, vice president of marketing Rajat Abbi noted, “Sustainability becomes real when it is simple and measurable. The One Unit Mission is about turning awareness into everyday action.”

In FY 2023–24, India’s energy-efficiency programmes (PAT, UJALA, S&L, SLNP, CAFÉ) collectively saved 53.6 million tonnes of oil equivalent, avoided 321 million tonnes of CO₂ emissions, and reduced energy expenditure by Rs 2 lakh crore equivalent to nearly 6 per cent of national primary energy supply.

The initiative aligns with government efforts on efficient cooling, appliance standards and the Bureau of Energy Efficiency’s state-level SEEI FY 2024 framework, emphasising demand-side efficiency as a cost-effective complement to new generation capacity.

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In a nation sprinting toward brighter, bigger tomorrows, Schneider isn’t selling more power, it’s quietly handing every household a daily superpower: the ability to save one unit and help light up a cleaner, more efficient future, one thoughtful switch at a time.

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