Oracle Said To Be After TikTok

There’s a new player who has joined Microsoft in an attempt to buy TikTok. That player is Oracle according to Business Insider:

Enterprise software giant Oracle has entered the race to acquire some of TikTok’s operations from its Chinese parent company ByteDance, the Financial Times reported Monday.

Oracle has been involved in preliminary discussions with several current US-based TikTok investors, including General Atlantic and Sequoia Capital, to purchase the app’s US, Canada, Australia, and New Zealand operations, according to the report.

Oracle and TikTok both declined to comment and ByteDance could not immediately be reached.

What’s interesting about the Oracle bid is that Larry Ellison who founded Oracle is known to be a Trump supporter and current CEO Safra Catz was on Trump’s transition team. That in my mind may make the Oracle bid the preferred bid for the Trump administration. But we’ll have to see if Microsoft has anything to say about that.

2 Responses to “Oracle Said To Be After TikTok”

  1. […] which sells high end race bikes, this is a bit of a departure. And there’s the matter of Oracle looking at buying TikTok. They might be in the drivers seat as founder Larry Ellison is a friend of Trump. But given how […]

  2. […] the Chinese government wants TikTok to shut down in the US rather than be sold to Oracle, Microsoft, or […]

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: