The company has announced it will spend $1.5 billion on a plan known as Project Texas in a bid to bolster data security and gain user trust in its operations by storing US-based user data in the servers of US tech company Oracle.

该公司宣布，将斥资15亿美元实施一项名为“德克萨斯项目”的计划，通过将美国用户数据存储在美国科技公司甲骨文的服务器中，来加强数据安全，并获得用户对其运营的信任。

Huawei's participation in the database market also provides new choices in a market that has long been dominated by US companies such as Oracle and IBM, and it is setting a positive example for the whole cloud data storage industry in China, as the cloud and AI sectors grow rapidly and generate tremendous demand for data processing and management, experts said.

专家表示，华为对数据库市场的参与也为长期以来由甲骨文和IBM等美国公司主导的市场提供了新的选择，并为中国整个云数据存储行业树立了积极的榜样，因为云和人工智能行业发展迅速，对数据处理和管理产生了巨大的需求。

The move will increase pressure on foreign companies such as SAP and Oracle in the Chinese market, possibly reducing the use of their ERPs in State-owned enterprises in particular, experts said.

专家表示，此举将增加SAP和Oracle等外国公司在中国市场的压力，尤其可能减少其ERP在国有企业的使用。

Until the breakthrough, Huawei had used ERP software developed by US tech company Oracle.

在取得突破之前，华为一直使用美国科技公司甲骨文开发的ERP软件。

"As a result of Washington's restrictions, Huawei was unable to purchase the newest ERP system from Oracle three years ago.

“由于华盛顿的限制，华为三年前无法从甲骨文购买最新的ERP系统。

"Huawei's entry will weigh down on the performances of SAP and Oracle in the Chinese ERP market, especially reducing the use of their ERPs among Chinese State-owned companies," he said.

他表示：“华为的加入将影响SAP和Oracle在中国ERP市场的表现，尤其是减少其ERP在中国国有企业中的使用。”。

ByteDance struck a deal with American companies Oracle and Walmart in September for setting up a new entity, TikTok Global, after which they can take up to a 20-percent stake, while ByteDance owns 80 percent, according to a TikTok statement earlier.

This means the deadline for ByteDance, TikTok's Chinese parent company, to reach a deal with Oracle and Walmart has been extended from Nov 12 to Nov. 27, according to the US District Court for the District of Columbia.

"In September, Trump gave a preliminary approval for ByteDance to sell the app to US buyers, and then a potential deal among ByteDance, Oracle and Walmart emerged.

TikTok also said that it had to continue talks with the US government on a potential deal with Oracle and Walmart, which was mulled by the White House even though US President Donald Trump said he had approved a deal between the three parties in concept on Sept 19.

According to TikTok, Oracle, under the deal, will become its "trusted technology provider," and Walmart will play a role in "commercial partnership. "

Meanwhile, Oracle would be in charge of hosting TikTok's all US user data and securing associated computer systems.

The company said that it plans to carry out a small round of pre-initial public offering financing that will give ByteDance an 80 percent stake in TikTok Global, a newly established company following the proposed deal with US partners Walmart and Oracle.

At the same time, ByteDance insisted it would not be handing over TikTok's algorithms or technologies to Oracle, which could act as the "trusted technology partner "under a proposed deal.

A tentative arrangement involving Oracle and Walmart was quickly followed by a US Commerce Department announcement of a one-week delay, until Sunday, on enforcing a US ban on TikTok app downloads.

China's ByteDance Ltd is seeking a valuation of $60 billion for TikTok as Oracle Corp and Walmart Inc take stakes in the short-video app's business to address US security concerns, Bloomberg News reported on Sunday, citing an unnamed person familiar with the matter.

Oracle will take a 12.5 percent stake in TikTok Global and store all its US user data on its cloud to comply with US national security requirements, the companies said earlier.

Technology company Oracle's bid to potentially become TikTok's technology partner in the United States indicates that there may be technical solutions available to address US concerns instead of going to great lengths to ditch Chinese ownership, according to experts.

The short video app has chosen Oracle as a "trusted technology partner" to operate in the US as a way to avoid a ban, but the proposed deal still requires regulatory clearance from the government's Committee on Foreign Investment in the United States.

The development of Oracle taking over stewardship of the popular short video app in the US came just after TikTok parent Byte-Dance turned down an offer from Microsoft.

"Oracle later confirmed it was part of the proposal as a "trusted technology provider".

On the same day, US Treasury Secretary Steven Mnuchin confirmed receiving a bid proposal from Oracle for TikTok's operations over the weekend and said that the Treasury-led Committee on Foreign Investment in the US would review it this week.

Since then, Microsoft has been considered a front-runner among the suitors for TikTok, including Oracle, Twitter and other companies.

The race to acquire the video app has entered its final stages, with two groups submitting bids, one from Microsoft and Walmart and the other from Oracle, and could include a coalition of investors, according to The New York Times, citing sources involved in the deal talks.

Roules, who has been working in China over the past 25 years for the renowned international law firm, agreed that the lawsuit could buy time for ByteDance to close the deal on the sale of TikTok to any of several possible U. S. companies interested in purchasing, including Microsoft, Twitter and Oracle.

The probe followed a compliant by a group called Fairsearch, which comprised rivals Microsoft, Nokia, Oracle and others.

"This would mean more competition with international brands, including US-based Oracle and measurement company Nielsen," he said.

Innovative efforts by academic units, enterprises key to sector's developmentChinese tech companies are emerging as competitive solutions providers in the database sector, an area that has long been dominated by US companies such as Oracle and IBM, experts said.

Tao Jingwen, a board member of tech heavyweight Huawei Technologies Co, clearly remembers what it was like when the company faced restrictions in accessing United States-based Oracle's enterprise resource planning system because of Washington's policies over three years ago.

Until this breakthrough, Huawei had used an ERP developed by Oracle, an American software firm.

TikTok has announced it will spend $1.5 billion on a plan known as "Project Texas", in a bid to bolster data security through storing US-based user data in the servers of US tech company Oracle.

But the high-end market is still dominated by foreign software leaders like SAP and Oracle, according to the MIIT.

In September, Trump gave a preliminary approval for ByteDance to sell the popular app to US buyers, and a potential deal among ByteDance, Oracle and Walmart emerged.

CNBC said Oracle will own a minority stake of less than 20 percent of the new global TikTok and Walmart will also take a stake, though its size is still unknown.

Sources told CNBC the US Treasury Department sent major revisions about "security issues" on the TikTok and Oracle term sheet Wednesday night, and ByteDance has fully agreed to those revisions.

The announcement also comes as Oracle Corp and China's ByteDance team up to keep TikTok operating in the United States, beating Microsoft Corp in a deal structured as a partnership rather than an outright sale.

ByteDance, the founder of Tik-Tok will place Tik-Tok's global business in a new US-based company and remain as the majority shareholder with Oracle investing in it as a minority stakeholder, according to UK's Financial Times on Wednesday, sourcing people briefed on a plan presented to US officials to avoid a ban of the video-sharing app by the US government.

Under ByteDance's latest proposal, Oracle will be the firm's technology partner and assume management of Tik-Tok's US user data.

Oracle did not immediately respond to a request for comment.

ByteDance, the parent company of the video-sharing mobile app Tik-Tok, has chosen Oracle to be Tik-Tok's US technology partner, and Oracle will take a significant stake in the business, CNBC reported on Sunday, citing a person familiar with the discussions.

Oracle representatives did not immediately respond to requests for comment, CNBC said.

CNBC also said Oracle is competing with Microsoft and Walmart to acquire the tech company.

US tech firm Oracle has joined the competition to buy TikTok, a popular short-video sharing app owned by Chinese firm ByteDance, the Financial Times reported on Tuesday.

Oracle has held preliminary talks with Bytedance, and said it was seriously considering acquiring the app's business in the US, Canada, Australia and New Zealand, a source familiar with the situation was quoted as saying by the Financial Times.

It is unclear whether the White House would support Oracle or Microsoft, Financial Times said.

Currently, Oracle, ByteDance, General Atlantic and Sequoia declined to comment on the deal.

Over the past year, Yuanxi has told the stories behind oracle bone inscriptions, paper cutting techniques, Chinese tea production and porcelain making.

The oracle bone script, which originated 3,000 years ago, is closer to us than you think.

This time, Yuanxi talks with He Yuling, an NPC deputy and archaeologist of the Chinese Academy of Social Sciences, about why the research on Oracle bone is so important.

The 3,300-year-old site used to be the capital of the Shang Dynasty (c. 16th-11th century BC) during its later period, and the home of the oracle bone inscriptions, the oldest known Chinese system of writing.