This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
I began my career at Oracle in the mid-1980s and have since been around the proverbial block, particularly in Silicon Valley working for and with companies ranging from the Fortune 50 to global consulting companies to leading a number of startups, including the SaaS company I presently lead. a division of AST Financial.
I have personally made decisions that affected national presidents without oversight, and taken action to enforce against so many prominent politicians globally that I’ve lost count,” she wrote. TikTok is set to become a standalone company as part of the Oracle deal. She added: “I know that I have blood on my hands by now.”.
Everyone agrees that Oracle and Walmart have bought a combined 20 percent of TikTok. Early Monday, Oracle issued a statement seeming to contradict that. Last week, I wrote that TikTok’s deal with Oracle was a bet that Trump would cave on concerns over China. On Sunday, everyone involved took a well deserved rest.
The move gives ByteDance more time to get approval from authorities in the US and China for a pending deal with Oracle and Walmart. Chinese authorities want ByteDance to retain control over TikTok’s global operations. “The problem with ‘civil’ is it’s a word that’s used by powerful people to silence less powerful people,” he said.
And like other projects with global ambitions, it will also invite new scrutiny over privacy, data security, content moderation, and more. Oracle’s deal with TikTok could be worth more than $1 billion in annual revenue for Oracle’s cloud business in the coming years. Amir Efrati / The Information ).
Emma Graham-Harrison and Alex Hern at The Guardian share some top findings: It found that global networks of 82 sites spreading health misinformation over at least five countries had generated an estimated 3.8bn views on Facebook over the last year. President Trump said he supports Oracle buying TikTok. Eric Newcomer / Bloomberg).
Oracle’s closeness with the Trump administration could prove helpful in its bid to buy TikTok. Oracle founder Larry Ellison is a prominent Trump supporter. But WeChat, in addition to being a vital communication channel for the Chinese diaspora, is also a global conduit of Chinese state propaganda, surveillance and intimidation.
To address ownership concerns, ByteDance plans to do an initial public offering of global TikTok on a U.S. Oracle will also own a minority stake that will be less than 20% of the new global TikTok, two of the people said. in the next 24-36 hours, sources told CNBC’s David Faber. But I sure am glad he took the call.
The rushed negotiations and lack of clear terms led to big disagreements about who would control the 80 percent stake in TikTok Global. Oracle’s proposed deal with TikTok would see the company “completely rebuild” the TikTok app, with Oracle rewriting millions of lines of code. What big feature should I write next?
One global company based in America? He wrote in a letter to employees: In recent weeks, as the political environment has sharply changed, I have done significant reflection on what the corporate structural changes will require, and what it means for the global role I signed up for. Multiple companies operating independently ?
We organize all of the trending information in your field so you don't have to. Join 12,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content