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If the U.S. government bans TikTok, it could be a major blow to Oracle.
The Supreme Court’s decision to uphold the looming TikTok ban may have corporate consequences far beyond the app's parent company, impacting American tech giants and the broader U.S. stock market.
McMillon and Walmart also joined a bid with Oracle to take over TikTok's U.S. operations in 2020, but ByteDance was granted an injunction, thus halting Trump's planned ban and ultimately ...
The law, which went into force Sunday, allows for fines of up to $5,000 per U.S. TikTok user against major mobile app stores — like the ones operated by Apple and Google — and internet hosting services like Oracle if they continued to distribute TikTok to U.S. users beyond the deadline for ByteDance's divestment.
The supremely popular TikTok could be banned on Jan. 19 under a federal law that forces the video sharing platform to divest itself from its China-based parent company, ByteDance, or shut down its ...
President Donald Trump said he is in favor of Elon Musk or Larry Ellison buying TikTok as he ... Oracle, he said, could be involved, given that it does act as a host for the social media platform ...
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 ...
What happens on your smartphone once a US law banning TikTok takes effect Sunday? It will depend on the actions of TikTok parent ByteDance, President Joe Biden, President-elect Donald Trump, and ...