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Oracle Corp. is the apparent winner in the TikTok bidding war, after Microsoft announced that its offer to acquire the popular video-sharing app had been rejected. There’s just one week till the ...
The new president is tossing out some of the biggest names in the tech world as possible buyers of TikTok’s US operations, most recently Microsoft. "I like bidding wars because you make your ...
Shares of Oracle (NYSE: ORCL) are on the move today. The firm's stock is up 5.7% as of 1 p.m. ET. ... the iPhone maker is still blocking the download of TikTok in its app store -- Oracle has taken ...
On September 13, it was reported that TikTok had chosen Oracle to act as the former's "trusted tech partner." The partnership—intended to address the Trump administration's concerns over data security, and avoid an outright sale of its business and technological assets that the Chinese government would likely oppose—would involve ByteDance ...
If the U.S. government bans TikTok, it could be a major blow to Oracle.
A protester waits with a placard as justices hear a bid by TikTok and its China-based parent company, ByteDance, to block a law intended to force the sale of the short-video app by Jan. 19 or face ...
Jimmy Donaldson — better known online as MrBeast — isn't in the TikTok bidding race just yet, according to a representative for the YouTube star. Donaldson stirred interest in a Jan. 13 post on X saying he’d “buy TikTok so it doesn’t get banned.” The next day, Donaldson added, “Unironically I’ve had so many billionaires reach ...
As Trump’s 75-day extension to either ban or sell TikTok quickly runs out, the president said the fate of the app should be decided the old-fashioned way: with a bidding war.