A group of US tech investors has launched an ambitious plan to buy TikTok from its Chinese owner, as the popular short-video app tries to escape being banned by the White House.The investors, led by the venture capital firms General Atlantic and Sequoia Capital, are in discussions with the US Treasury and other regulators to see if spinning out TikTok and firewalling it from its Chinese parent would satisfy US concerns about the app, according to two people involved in the process.Last weekend, President Donald Trump’s election campaign placed ads on Facebook suggesting that TikTok was...…A group of US tech investors has launched an ambitious plan to buy TikTok from its Chinese owner, as the popular short-video app tries to escape being banned by the White House.The investors, led by the venture capital firms General Atlantic and Sequoia Capital, are in discussions with the US Treasury and other regulators to see if spinning out TikTok and firewalling it from its Chinese parent would satisfy US concerns about the app, according to two people involved in the process.Last weekend, President Donald Trump’s election campaign placed ads on Facebook suggesting that TikTok was...WW…

Oracle has entered the race to acquire TikTok, the popular Chinese-owned short video app that President Donald Trump has vowed to shut down unless it is taken over by a US company by mid-November, people briefed about the matter have said.The tech company co-founded by Larry Ellison had held preliminary talks with TikTok's Chinese owner, ByteDance, and was seriously considering purchasing the app's operations in the US, Canada, Australia and New Zealand, the people said.Oracle was working with a group of US investors that already own a stake in ByteDance, including General Atlantic and...…Oracle has entered the race to acquire TikTok, the popular Chinese-owned short video app that President Donald Trump has vowed to shut down unless it is taken over by a US company by mid-November, people briefed about the matter have said.The tech company co-founded by Larry Ellison had held preliminary talks with TikTok's Chinese owner, ByteDance, and was seriously considering purchasing the app's operations in the US, Canada, Australia and New Zealand, the people said.Oracle was working with a group of US investors that already own a stake in ByteDance, including General Atlantic and...WW…