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U.S.-China TikTok Deal Is a Cash Flow Story for Oracle. Here’s Why.
Oracle likely will remain the cloud computing provider for TikTok, the social media app run by China-based ByteDance, in a deal that provides an important plank of financial support as the tech giant ... Read More
Oracle, Silver Lake consortium to control 80% stake in TikTok in US, WSJ reports
TikTok's U.S. operations would be controlled by an investor consortium including Oracle, Silver Lake and Andreessen Horowitz, under a framework the U.S. and China are finalizing, the Wall Street ... Read More
Oracle stock rises as US, China agree to preliminary TikTok deal
Oracle (ORCL) stock edged up 1.5% on Tuesday after media outlets reported the software giant would be part of the US and China's preliminary TikTok deal. Treasury Secretary Scott Bessent said at a ... Read More
Tiktok in America! Are US, China on the same page? Big update on Chinese app; Trump’s announcement, Oracle, deadline - All you need to know
A deal for the popular social media app, which counts 170 million U.S. users, would represent a breakthrough in months-long talks between the two biggest economies as they seek to defuse a ... Read More
Oracle Shares Climb as US-China TikTok Negotiations Progress
Oracle Corp. shares rose on news that negotiations over the future of TikTok are progressing, relieving some uncertainty around one of the software company’s key customers. Read More
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