Andreessen Horowitz joins Oracle in a bid to acquire TikTok’s U.S. operations as the platform faces a potential ban.
Matilda
Andreessen Horowitz and Oracle's Bid for TikTok
The battle for TikTok's U.S. operations has taken another dramatic turn as Andreessen Horowitz (a16z), one of Silicon Valley’s most influential venture capital firms, reportedly joins forces with Oracle in a bid to acquire the social media giant. This move comes as TikTok faces yet another looming ban in the U.S., set to take effect on April 5 unless its China-based parent company, ByteDance, divests its American operations. Image:Google TikTok has been under intense scrutiny by U.S. lawmakers over national security concerns. Allegations that the Chinese government could access American user data have driven bipartisan efforts to sever ByteDance's ownership. The U.S. government has repeatedly attempted to force a sale, and Oracle has emerged as one of the primary contenders in this high-stakes acquisition. Oracle, already TikTok’s cloud infrastructure partner, is reportedly leading a consortium of American investors aiming to secure TikTok's U.S. division. With Andreessen Ho…
