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Sequoia, General Atlantic Eyeing Oracle’s Bid for TikTok

By
Kevin McLaughlin
· · Source: The Information

Two of the largest investors in Beijing-based ByteDance–General Atlantic and Sequoia Capital–are vying to be part of an Oracle bid to acquire the U.S. operations of its TikTok video-sharing service, The Wall Street Journal reported . This suggests that the tide may be turning in Oracle’s battle with Microsoft to strike a deal for TikTok’s U.S. operations before the mid-November deadline that...

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