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If the U.S. government bans TikTok, it could be a major blow to Oracle.
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.
A deal that would give Oracle and Walmart ownership stakes in TikTok is up in the air — and may not happen at all, as the Biden administration reviews Trump’s actions and policies against ...
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 ...
Oracle, a traditional business-to-business software company previously tried to buy TikTok in 2020. The deal would have helped Oracle break into the market for cloud services dominated by Amazon ...
Shares of Oracle (NYSE: ORCL) flew higher this week. The firm's stock gained 14% as of 4:20 p.m. ET, but was up as much as 17.4% earlier in the week. The surge comes as the S&P 500 (SNPINDEX ...
ByteDance and Oracle Corp issued conflicting statements on Monday over the terms of an agreement they reached with the White House over the weekend to allow TikTok to continue to operate in the ...
Kelly O'Grady, dot.LA Chief Correspondent and Former Disney Senior Analyst joins Yahoo Finance’s Zack Guzman to break down the latest on Oracle's deal with TikTok over its U.S. business operations.