Sources General Bytedance Oracle Tiktok Twitterstreetjournal

Bytedance will argue a similar arrangement with oracle can safeguard tiktoks us.

Sources general bytedance oracle tiktok twitterstreetjournal. Operations the sources added. Microsoft said in a sunday statement that tiktoks parent company bytedance let us know today they would not be selling tiktoks us operations to microsoft. Oracle joins bid for tiktoks us operations sources say oracle is working bytedances investors including general atlantic and sequoia capital published. User data the sources said.

The white house declined to comment. Bytedance will argue a similar arrangement with oracle can safeguard tiktoks us. Oracle is a database specialist without experience of running a social media app targeted at the general public. General atlantic and sequoia capital two top investors in tiktoks chinese parent company are vying to be part of a deal for the us.

Operations of the video sharing app. Some of bytedances top backers including investment firms general atlantic and sequoia will also be. Oracle is working with some of bytedances investors including general atlantic and sequoia capital on making an offer for the tiktok assets that would challenge a rival bid from microsoft corp. The white house.

Oracle beat microsoft in the battle for the us. Oracle confirms being picked by bytedance to be apps partner. Oracle is working with some of bytedances investors including general atlantic and sequoia capital on making an offer for the tiktok assets that would challenge a rival bid from microsoft corp the sources said speaking on condition of anonymity. Oracle is also negotiating taking a stake in tiktoks us.

User data the sources said. Bytedance and oracle did not respond to requests for comment. Oracles chairman larry ellison is one of the technology worlds few trump supporters. Bytedance tiktok oracle general atlantic and sequoia declined to comment.

August 19 2020 0810 reuters.