The parent company byte jump has made a preliminary dialogue and is seriously considering acquiring the short video app’s business in the United States, Canada, Australia and New Zealand. < / P > < p > people familiar with the matter add that Oracle is working with a group of U.S. investors, including general Atlantic and Sequoia Capital, that already hold some shares in byte jitter. < / P > < p > until then, Microsoft had been a major bidder for tiktok. Oracle participated in the bidding, providing a reliable alternative to Microsoft for byte skipping. People familiar with the matter said twitter also had initial discussions with tiktok, but whether Twitter has sufficient funds to complete the deal is a big question.