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Oracle's TikTok win gives the software giant a chance to take on Microsoft and Amazon in the cloud.
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 U.S. tech giant made a bid to acquire the platform in 2020 after Trump first floated the idea of a forced divestiture citing national security concerns. In the end, TikTok decided to partner ...
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 ...
Back then, Trump was on board with Microsoft’s bid, saying, “I don’t mind if, whether it is Microsoft or somebody else, a big company, a secure company, very American company buy it.”
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Other tech giants including Microsoft, Oracle, and Meta have long been floated as possible candidates to buy out TikTok. They have the money, and some of them are already in the social-media game.