The year is 2001. Tech bigwigs like Microsoft and Oracle are trying to buy a thriving new software startup. But wait…this is 2020, and the situation is still the same. Weeks after Microsoft announced its intention to buy TikTok, Oracle has also expressed interest in acquiring the hot short video app. According to a report from the Financial Times, Larry Ellison’s company is in early talks to buy TikTok‘s US, Canada, Australia , and New Zealand operations. The report noted that the company was already working with some of the US investors such as General Atlantic and Sequoia Capital that own a stake in TikTok’s…
This story continues at The Next Web
Or just read more coverage about: Microsoft
After Microsoft, Oracle is also reportedly looking to buy TikTok
The Next Web
0 shares
1 views
You might like
Related news coverage
Walmart Joins Microsoft’s Push to Acquire TikTok’s US Assets
The Wrap
Walmart has teamed up with Microsoft on its push to acquire TikTok’s operations in the U.S., Canada, Australia and New Zealand,..
Advertisement
More coverage
TikTok confirms it will sue the US government, alleging Trump failed to provide 'due process' before issuing ban
Business Insider
· TikTok confirmed Saturday that the company planned to sue the US government over President Donald Trump's executive orders..