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We narrow down to ETFs with the maximum allocation to Oracle, which are likely to be the top gainers as this software giant has been chosen by ByteDance as its U.S. technology partner.
If the U.S. government bans TikTok, it could be a major blow to Oracle.
TikTok and Oracle In early August, President Donald Trump signed an executive order that would effectively ban TikTok in the U.S. unless its Chinese owner, ByteDance, could find an American owner ...
Under the threat of TikTok’s shutdown in the U.S., ByteDance inked a tentative deal with Oracle and Walmart, which under the proposed terms would acquire a combined 20% stake in TikTok.
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 ...
Oracle has begun auditing TikTok's algorithms and content moderation models, according to a new report from Axios out this morning. The new arrangement is meant to allow Oracle the ability to ...
ByteDance said on Monday that it will own 80% of TikTok Global, a newly created U.S. company that will own most of the app's operations worldwide. ByteDance, Oracle at loggerheads over terms of ...
Oracle beat out Microsoft to partner with TikTok. Analysts question whether this will satisfy President Trump's concerns about TikTok's ties to China.