PRESIDENT DONALD TRUMP'S demand in August that ByteDance sell TikTok to an American firm set off a race for the Chinese firm's trophy asset. Jockeying for the popular short-video app's American business, with 100m users, was fierce. Microsoft seemed ahead, and got a late fillip when Walmart joined its bid. But the software-and-grocery duo was pipped to the post. On September 14th Oracle, a database firm, signalled it had brokered a deal.Oracle's clinching argument in its favour seems to have been its rapport with the White House. Larry Ellison, Oracle's founder and chairman, hosted a fund-raiser for Mr Trump. The firm's boss, Safra Catz, served on his transition team in 2016. "She lobbied a lot in Washington and she did a great job," says a ByteDance investor. Oracle also enlisted the firm's powerful American venture-capital backers, including Sequoia Capital and General Atlantic.
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机译:唐纳德特朗普总统于8月份的需求,贝景销售蒂科省一家美国公司为中国公司的奖杯资产掀起竞争。争夺受欢迎的短视视频应用程序的美国商业,拥有100米的用户,是激烈的。微软似乎是未来的,当沃尔玛加入其出价时,有一个迟到的填充物。但软件和杂货Duo被啄到帖子。 9月14日Oracle,一个数据库公司,它发出信号,它曾经经历过交易。古迹似乎对其的青睐似乎是与白宫的融洽关系。 Larry Ellison,Oracle的创始人和主席,举办了一位特朗普先生的基金会。该公司的老板Safra Catz于2016年在他的过渡团队中致电。“她在华盛顿开放了很多,她做得很好,”一位章程投资者说。甲骨文还招募了该公司强大的美国风险资本支持者,包括红杉资本和大西洋。
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