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Oracle was working with some U.S. investors that already have a
stake in ByteDance, including General Atlantic and Sequoia
Capital, the newspaper reported https://on.ft.com/3iO2uhM,
citing people briefed about the matter.
ByteDance and TikTok did not have a comment on the FT report,
while Oracle declined to comment.
Reuters reported earlier this month that Twitter Inc had
approached ByteDance to express interest in acquiring the U.S.
operations of TikTok, while Microsoft Corp was still the
favorite to clinch a deal.
The Financial Times said on Monday Microsoft has also seriously
considered a bid to take over TikTok's global operations beyond
the nations it outlined earlier in August.
Microsoft is particularly interested in buying TikTok in Europe
and India, where it was recently banned by the Indian government
after border tensions with China, the newspaper said.
But ByteDance is opposed to the idea of selling any assets
beyond those in the United States, Canada, Australia and New
Zealand, according to the report.
U.S. President Donald Trump last week ordered ByteDance to
divest the U.S. operations of the video app within 90 days,
ramping up pressure on the Chinese company over concerns about
the safety of the personal data it handles.
General Atlantic and Sequoia Capital were not immediately
available for comment.
(Reporting by Kanishka Singh and Ann Maria Shibu in Bengaluru;
Editing by Aditya Soni)
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