After Microsoft and Twitter, Oracle has entered into preliminary talks with BitDance, the parent company to buy TickTock's business in the US, Canada, Australia and New Zealand.

Oracle is already working with a number of US investors, including General Atlantic and Sequoia Capital, on the deal.

The US companies already have shares in ByteDance. BitDance, TickTock or Oracle did not immediately comment on the discussion. According to a report earlier this month, Twitter has expressed interest in buying TickTock's US business. On the other hand, Microsoft is also trying to reach an agreement.

In a report released on Monday, Microsoft is pushing for the acquisition of Tic Tac Toe, not just the US business, but the entire global business. The Windows manufacturer is particularly keen to buy the TickTock business in Europe and India.

The government has banned ticking in India following tensions on the border with China. US President Donald Trump has already set a 90-day deadline to sell TickTock's US business.

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