Trump Says Oracle (ORCL) Could Handle TikTok Purchase - Bloomberg

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One Analyst Sees Oracle (ORCL) Buying TikTok as 'Done Deal'

August 18, 2020 7:50 AM EDT

Oracle (NYSE: ORCL) has a real chance at closing a deal to acquire TikTok's U.S. operations, Trip Chowdhry, an analyst at Global Equities Research, believes. The view is contrary to the prevailing view that Microsoft (NASDAQ: MSFT) will buy the assets to satisfy Trump administration pressure on TikTok owner ByteDance to sell... More

Oracle (ORCL) Enters Bidding for TikTok - Reports

August 18, 2020 6:17 AM EDT

Oracle (NYSE: ORCL) has entered the bidding for TikTok, as the U.S. forces Bytedance to sell the U.S. operations of the popular social video platform amid privacy concerns, according to various media reports. Microsoft (NASDAQ: MSFT) had been seen as the led bidder to buy the assets.

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