As TikTok Ban Looms, ByteDance Battles Oracle For Control Of ... - Forbes
Aug 24, 2023 · Under a draft agreement between ByteDance and CFIUS, Oracle would be TikTok’s partner — and a government proctor. But stuck in limbo, the companies’ relationship has soured.
TikTok Ban Would Hurt Oracle. Is It Time to Sell the Stock?
Jun 27, 2024 · It was a big coup for Oracle(NYSE: ORCL) to become the cloud technology provider for ByteDance's TikTok back in late 2020. The social media app with ties to the Chinese government has become...
Supreme Court's TikTok Ruling: What It Means for Meta, Snap, …
6 days ago · With the law requiring China-based ByteDance to sell TikTok’s U.S. operations or face a ban set to take effect on January 19, the potential ban has significant implications for competitors in the social media and tech sectors. ... Oracle (ORCL) also stands to be impacted by a TikTok ban. The tech giant provides cloud services to TikTok, and ...
Q&A: What does a deal between TikTok and Oracle mean?
Sep 14, 2020 · HONG KONG (AP) — ByteDance, the Chinese company that owns the popular video-sharing app TikTok, has chosen Oracle over Microsoft as a new American technology partner to help keep the app operating in the U.S.
ByteDance picks Oracle as partner to try to save TikTok U.S
Sep 14, 2020 · Oracle Corp said on Monday it would team up with China's ByteDance to keep TikTok operating in the United States, beating Microsoft Corp in a deal structured as a partnership rather than an...
Oracle (ORCL), TikTok Ink Cloud Data Storage Deal in the U.S.
Jun 20, 2022 · By March 2022, ByteDance and Oracle renewed negotiations for Oracle to take over TikTok’s U.S. data storage, this time to allay the Biden administration’s privacy concerns.
A TikTok Ban Could Hurt Oracle’s (NYSE:ORCL) Business
Jun 25, 2024 · Earlier this year, President Biden signed a bill that required ByteDance, the owner of TikTok, to sell the short-form video app within nine months (or a year with an extension) to avoid a U.S....
Oracle beats Microsoft to TikTok US deal - Financial Times
Sep 14, 2020 · ByteDance has reached a preliminary “technical partnership” agreement with Oracle for TikTok’s US operations that does not include a full sale of the short video app, according to three people...
EXCLUSIVE-TikTok nears deal with Oracle to store its data-sources
Mar 10, 2022 · TikTok is nearing a deal for Oracle Corp to store its U.S. users' information without its Chinese parent ByteDance having access to it, hoping to address concerns of a U.S. national security...
U.S. Ban of TikTok Is Set to Deal a Major Blow to ByteDance, Its ...
1 day ago · The ban, which was signed into federal law last year and upheld by the Supreme Court on Friday, is a major blow to ByteDance, the world’s second-most valuable private technology company, worth ...
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