Oracle 'Seriously Considering' Acquiring TikTok

Oracle has expressed serious interest in acquiring TikTok, according to the Financial Times.

tiktok logo

Oracle reportedly has already held preliminary talks with TikTok's China-based parent company, Bytedance, to explore the terms of an acquisition. Oracle is also believed to be working with venture capital firms including General Atlantic and Sequoia Capital to raise funds for a bid.

Serious interest from Oracle poses a potential threat to Microsoft's bid, which is currently regarded as the frontrunner. Microsoft has officially provided a formal proposal that would involve the purchase of TikTok's operations in the United States, Canada, Australia, and New Zealand. Twitter is also understood to be exploring an acquisition of TikTok, but there are serious questions around its ability to raise the necessary capital to do so.

Oracle is a multinational technology company focused on database software and cloud systems. Last year, Oracle was the world's second-largest software company by revenue and market capitalization, and it would likely be able to fund a potential acquisition of TikTok.

President Donald Trump issued an executive order on Friday demanding that ByteDance sells its U.S. operations within 90 days. The Financial Times noted that Oracle's billionaire co-founder Larry Ellison has been openly supportive of President Trump, but it is unclear whether this would consolidate Oracle as the White House's preferred choice.

Note: Due to the political or social nature of the discussion regarding this topic, the discussion thread is located in our Political News forum. All forum members and site visitors are welcome to read and follow the thread, but posting is limited to forum members with at least 100 posts.

Tags: Oracle, TikTok

Top Rated Comments

PBG4 Dude Avatar
23 months ago
I just want to know which law allows Trump to force the sale of a foreign-owned company to a US-owned company in order to keep operating in the US.
Score: 17 Votes (Like | Disagree)
nick9191 Avatar
23 months ago
Whether Microsoft or Oracle acquire it, it’s surely the death knell for TikTok. You don’t want to see your dad wearing skinny jeans.
Score: 11 Votes (Like | Disagree)
Wildkraut Avatar
23 months ago
Another company losing ground, and trying to reorient their business. TikTok the next generation DB and Java Devs communication platform?
Score: 7 Votes (Like | Disagree)
ruka.snow Avatar
23 months ago
Oracle sounds like the best company to connect with young people via TikTok. I hear kids love the My Squirrels!
Score: 6 Votes (Like | Disagree)
Northgrove Avatar
23 months ago
I can't say I saw this coming.
Score: 5 Votes (Like | Disagree)
ScottHammet Avatar
23 months ago
Most of the posters on this forum aren't old enough to understand the rivalry between Microsoft and Oracle. Larry Ellison hates Microsoft. He'd buy anything to keep it out of the hands of Microsoft. And that worked out well for Java, no?
Score: 4 Votes (Like | Disagree)

Popular Stories

iPhone 14 Pro Purple Front and Back MacRumors Exclusive

iPhone 14 Pro Renders Highlight Multiple Design Changes

Wednesday May 25, 2022 8:56 am PDT by
Leaker Jon Prosser today shared ostensibly accurate renders of the iPhone 14 Pro, providing the most accurate look yet at what the device could look like when it launches later this year. In the latest video on YouTube channel Front Page Tech, Prosser revealed renders of the iPhone 14 Pro made by Apple concept graphic designer Ian Zelbo, highlighting a range of specific design changes...
iPhone 13 Always On Feature

iPhone 14 Pro Screen Refresh Rate Upgrade Could Allow for Always-On Display

Tuesday May 24, 2022 7:23 am PDT by
Last year's iPhone 13 Pro models were the first of Apple's smartphones to come with 120Hz ProMotion displays, and while the two iPhone 14 Pro models will continue to feature the technology, their screens could well boast expanded refresh rate variability this time round. To bring ProMotion displays to the ‌iPhone 13 Pro models‌, Apple adopted LTPO panel technology with variable refresh...
iPad Pro USB C Feature Coral

Deals: Apple's iPad Pro Reaches Up to $449 Off in Amazon's Latest Sales

Wednesday May 25, 2022 10:09 am PDT by
Amazon is marking down a wide variety of 11-inch and 12.9-inch iPad Pro models this week, with prices starting as low as $749.00 for the 11-inch tablet. You'll find the full list of sales below, all of which can be found on Amazon. Note: MacRumors is an affiliate partner with some of these vendors. When you click a link and make a purchase, we may receive a small payment, which helps us keep...
apple account card

Wallet App Now Supports Apple Account Cards on iOS 15.5

Wednesday May 25, 2022 5:01 pm PDT by
Apple appears to have recently updated the Wallet app to allow users to add an Apple Account Card, which displays the Apple credit balance associated with an Apple ID. If you receive an App Store or Apple Store gift card, for example, it is added to an Apple Account that was previously visible in the App Store and Apple Store apps. As of today, the Apple Account balance can also be added to...
Apple Tap to Pay iPhone

Apple Stores Rolling Out iPhone-to-iPhone Contactless Payments Starting Today

Wednesday May 25, 2022 6:54 am PDT by
Apple in February unveiled a new "Tap to Pay on iPhone" feature that will allow compatible iPhones to accept payments via Apple Pay, contactless credit and debit cards, and other digital wallets, with no additional hardware required. Apple began testing the feature at its Apple Park Visitor Center earlier this month, and now Bloomberg's Mark Gurman has tweeted that the feature will begin...
apple wwdc 2022

Apple Shares WWDC 2022 Schedule, Keynote to Take Place June 6 at 10:00 a.m PT

Tuesday May 24, 2022 9:06 am PDT by
Apple today confirmed that the keynote event for the Worldwide Developers Conference will begin at 10:00 a.m. Pacific Time on June 6, the first day of WWDC. The keynote will be an online-only event, though a select number of developers have been invited to the Apple Park campus for a viewing event. In addition to confirming the keynote date and time, Apple has shared the full WWDC 2022...