Oracle is also interested in TikTok, according to reports from the Financial Times: and its position in the race to buy the social network of the moment already seems more solid than that of Twitter – sources who spoke with the financial newspaper said that Oracle's offer is a credible alternative to that of Microsoft , which was among the first companies to express public interest in the platform and which is already at an advanced stage of negotiations.
Time is running out: with a new executive order, Donald Trump said that within three months ByteDance must sell the social network (or at least the fundamental parts that manage the data of American companies) to a US company, or prepare to be banned from the market stars and stripes.
Apparently Oracle would be interested in buying TikTok's operations in a subset of markets that would suit ByteDance more (i.e. USA, New Zealand, Canada and Australia), while Microsoft would like a few more – particularly India. , which is the biggest (and therefore with the highest remuneration potential) ever for the social network after the Chinese one. Twitter, on the other hand, may have budget problems.
Oracle already has close relationships with funds and groups that finance ByteDance: these include General Atlantic and Sequoia Capital, for example. It is true that Twitter and Microsoft seem to be more similar buyers than Oracle, which essentially makes only "business" software, mainly databases and management platforms.
It is difficult to understand what may be his interest in a social network based on short videos particularly popular among teenagers. However, it is worth noting that company founder and current technical director Larry Ellison is an open supporter of Trump, and that the president has made the TikTok issue one of his priorities.