Oracle shows interest to buy the Tik Tok's US operations

Oracle shows interest to buy the Tik Tok’s US operations

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Influenced by the Tik Tok’s potential, now Oracle is said to have shown its interest in buying the Tik Tok’s US, Australian and New Zealand’s operations making the bidding process much more interesting. Larry Ellison, the CEO and co-founder of Oracle was one of the few top tech executives extending their open support to the President Donald Trump’s order to divest Tik Tok concerning the safety of the personal data of the US consumers. Oracle is said to have discussions with some of the Bytedance’s investors, so that its offer to the company would challenge the rivals. Meanwhile it is to be noted that Tik Tok has been given the time limit of 45 days from the trump administration to sell out its US operations for which top tech giants like Google. Microsoft and Twitter are said to approach for the opportunity.

Read More at The Economic Times

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