Oracle Considering To Buy TikTok’s Operation In The US, Australia, And Canada

Mumbai: With the ongoing preliminary talk Oracle Corp may buy the ByteDance operating apps including TikTok’s in the United States, Canada, Australia and New Zealand reported on Monday. According to some media report, Oracle was working with some US investors that already have a stake in ByteDance, including General Atlantic and Sequoia Capital.

Although ByteDance and TikTok did not have any official comment yet, Meanwhile, Twitter Inc had also approached ByteDance to express interest in acquiring the US operations of TikTok, while Microsoft Corp was still the favorite to clinch a deal but outlined earlier in August.

Microsoft is particularly interested in buying TikTok in Europe and India, where it was recently banned by the Indian government after border tensions with China, the reports said.