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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 ...
Oracle was a central part of a 2020 deal to fend off an earlier effort to ban TikTok. As part of the deal approved by Trump during his first term, Oracle became the app’s cloud provider and took ...
“I like bidding wars because you make the best deal,” he said, according to The Washington Post. “So if we have a bidding war, that’s a good thing.” “So if we have a bidding war, that ...
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 ...
On Jan. 13, Donaldson began discussion of his potential bid for TikTok with a post on X that read: “Okay fine, I’ll buy Tik Tok so it doesn’t get banned” In a video posted on Jan. 15 ...
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 ...
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 ...