General Atlantic, Sequoia Capital pushing Oracle’s bid for TikTok
August 24, 2020 at 19:52 PM EDT
General Atlantic and Sequoia Capital, two major investors in TikTok’s Chinese parent company, are maneuvering to be part of a deal to acquire the U.S. operations of the popular video-sharing app as it seeks to avoid a ban by the Trump administration, according to people familiar with the discussions.