Oracle is reportedly in talks to buy TikTok’s U.S. operations
) has joined some of the investors of TikTok’s Chinese owner, ByteDance, in pursuing a bid for the popular short-video app’s operations in North America, Australia and New Zealand, according to people familiar with the matter.
Its co-founder and chairman Larry Ellison is one of the few top technology executive to openly support President Donald Trump, who has ordered ByteDance to divest TikTok amid concerns over the safety of the personal data of U.S. consumers. ByteDance, TikTok, Oracle, General Atlantic and Sequoia declined to comment. The Financial Times first reported Oracle’s interest in TikTok.
Twitter Inc has also approached ByteDance to express interest in acquiring the U.S. operations of TikTok, though its chances are seen as remote because of its smaller size and the antitrust scrutiny for such a combination, sources said earlier this month.
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