Monday, August 24, 2020

Sources: General Atlantic and Sequoia Capital, two top investors in ByteDance, are key drivers in Oracle's bid for TikTok; Twitter's bid has made little headway (Wall Street Journal)

Wall Street Journal:
Sources: General Atlantic and Sequoia Capital, two top investors in ByteDance, are key drivers in Oracle's bid for TikTok; Twitter's bid has made little headway  —  Investment firms with large existing stakes in ByteDance pursue deal for app's U.S. operations, as potential alternative to Microsoft



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