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Oracle in Early Talks With ByteDance to Buy TikTok

By
Juro Osawa
· · Source: The Financial Times

U.S. tech giant Oracle has held preliminary talks with ByteDance about a possible acquisition of the Chinese company’s TikTok video app, the Financial Times reported. Oracle’s discussions could provide ByteDance with an alternative to Microsoft, which has been in talks to buy TikTok’s operations in the U.S., Canada, Australia and New Zealand. Oracle is working with some of ByteDance’s existing...

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