Text size Oracle is increasing its share buyback program by $ 20 billion. Justin Sullivan / Getty Images Oracle Shares are falling despite the business software company reporting better-than-expected financial results, while …
Read More »TikTok sale to Oracle, Walmart shelves while Biden reviews security
WASHINGTON – A U.S. plan to force the sale of TikTok’s U.S. operations to a group that includes Oracle Corp. and Walmart Inc. has been shelved indefinitely, people familiar with the situation …
Read More »Commerce Department announces moratorium of Tikotok shutdown order
WASHINGTON – The Commerce Department said on Thursday that it would not enforce its order that would force it to effectively shut down the Chinese-owned Tiktok video-sharing app, citing a federal court …
Read More »Larry Ellison’s Ticketok Bid Potts Oracle President Back in Spotlight
Oracle<span class="company-name-type"> Corp.</span> Orcl <span>-1.42%</span> Chasing co-founder Larry Ellison with TeakTalk could earn him two awards at once: a lucrative new customer for his company's lagging cloud-computing business and a win over …
Read More »TikTok deals with the fate of the deal talk app’s algorithm
According to people familiar with the case, the negotiation of the deal for Tiktok’s US operations has hampered the question of whether the app’s core algorithm can be included as part of …
Read More »TickTalk Deal Talk Announced on New China Rules
According to people familiar with this, the parties are finalizing an agreement between the US Tektok’s Chinese parent company and the US operators of the app this weekend to weigh in on …
Read More »Donald Trump supports an Oracle takeover of TikTok. Oracle should not just say
Word size Oracle founder and president Larry Ellison Phillip Faron / Getty Images The week began with strange news: Oracle was reportedly considering bidding for Tiktok. Even strange that hardly anyone on …
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