Trump supports a TikTok acquisition by Oracle, whose chairman is a major supporter
President Trump has backed Oracle's bid to buy TikTok, the popular Chinese-owned video app that must sell its US business within months or face a ban in the country. The Financial Times first reported Tuesday that the software giant had entered the race to buy TikTok. It is working with US VC firms such as Sequoia Capital and General Catalyst, both investors in TikTok parent ByteDance.
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