Oracle was working with some U.S. investors that already have a stake in ByteDance, including General Atlantic and Sequoia Capital, the newspaper ...
Oracle was working with some U.S. investors that already have a stake in ByteDance, including General Atlantic and Sequoia Capital, the newspaper reported https://on.ft.com/3iO2uhM, citing people briefed about the matter.
ByteDance and TikTok did not have a comment on the FT report. Oracle did not immediately respond to a Reuters request for comment.Reuters reported earlier this month that Twitter Inc had approached ByteDance to express interest in acquiring the U.S. operations of TikTok, while Microsoft Corp was still the favorite to clinch a deal in the race.
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