Microsoft isn’t the only US-based tech giant interested in acquiring TikTok. Oracle, the Redwood City-based cloud and database specialist has reportedly expressed interest in the popular Chinese-owned video app.
The Financial Times claims Oracle co-founder and executive chairman Larry Ellison has met with TikTok owner ByteDance regarding an acquisition of the app’s US, Canada, Australia and New Zealand operations. Sources tell the publication that Oracle was working with a group of investors including Sequoia Capital and General Atlantic that already own a stake in ByteDance.
