THE EDGE SINGAPORE - The long-running saga of Chinese short-video sharing app TikTok took a new twist this past week when yet another suitor — database software firm Oracle — jumped into the fray. Is Oracle’s bid for real, or just an effort by TikTok’s parent ByteDance to extract a higher price from the only serious bidder, software giant Microsoft, instead of being forced to dispose of it in a fire sale?

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $4.99/month*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

SUBSCRIBE NOW