Oracle enters race to buy TikTok's U.S. operations: FT Oracle Corp has held preliminary talks with TikTok's Chinese owner, ByteDance, and was seriously considering buying the app's operations in the United States, Canada, Australia and New Zealand, the Financial Times newspaper reported on Monday. Trump gives nod to Oracle buyout of TikTok in USOracle's chairman Larry Ellison is a supporter of the US president and held a fundraiser for him this year. Oracle’s improbable TikTok talks have a simple explanation: dataOracle’s preliminary interest in making a bid for TikTok makes more sense in light of its desire to build up its cloud-computing and consumer-data businesses, as well as its close ties to US President Donald Trump. Oracle said to be weighing a bid for TikTok’s US business - The Boston GlobeIt isn’t clear why Oracle, which focuses on business customers and has virtually no investments in consumer apps or social media, would want to acquire TikTok. Cofounder Larry Ellison is one of the few Silicon Valley moguls to openly support President T Oracle in talks to acquire TikTok US operations: reportSoftware company Oracle is in talks with TikTok's Chinese owner ByteDance to purchase the company's Western operations, according to people briefed on the matter. Oracle just reportedly entered the race to buy TikTok's US operations, competing with rival Microsoft for the viral app as Trump's deadline loomsOracle founder Larry Ellison is a close Trump ally and the company's CEO served on the president's transition team.