Oracle Said to Be Weighing Bid for TikTok’s U.S. Business

Oracle Said to Be Weighing Bid for TikTok’s U.S. Business

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Business

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President Trump issued an executive order requiring ByteDance to sell TikTok to a U.S. company within 90 days. Oracle is considering a bid, potentially challenging Microsoft's position. Oracle has approached venture capital firms for a joint bid, with the acquisition estimated at $20 to $50 billion. Oracle has significant cash reserves, possibly funding the deal independently. Microsoft, with its existing social media and advertising businesses, seems a more strategic fit for TikTok. Oracle, primarily focused on databases and cloud software, would need to expand its business model to integrate TikTok effectively.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What strategic fit does the acquisition have for Microsoft compared to Oracle?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges might Oracle face if they acquire the video sharing app?

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