Oracle Chosen as TikTok’s Secure Cloud Provider
Oracle Corporation (NYSE: ORCL) announced today that it was chosen to become TikTok’s secure cloud technology provider. This technical decision by TikTok was heavily influenced by Zoom’s recent success in moving a large portion of its video conferencing capacity to …
Oracle prepares to start shutting TikTok servers from 0200 GMT, …
3 days ago · Jan 18 (Reuters) - Leaders at Oracle (ORCL.N), opens new tab, the main cloud computing provider for TikTok's U.S. operations, have told some staff to prepare to shut down servers that host U.S ...
Oracle May Hold TikTok’s Future in Its Hands - The New York Times
6 days ago · TikTok’s immediate future may rest in the hands of a tech company that has largely avoided the spotlight: Oracle. The company is one of the app’s leading server providers, managing the data ...
Trump in favor of Elon Musk or Larry Ellison buying TikTok
1 day ago · President Donald Trump said he is in favor of Elon Musk or Larry Ellison buying TikTok as he offered his latest thinking on what a deal might look like to save the US operations of the social ...
Oracle Stock Rises 7% As Trump Unveils $500 Billion ... - Forbes
1 day ago · Oracle hosts the U.S. data of the popular social media app TikTok, becoming a player in the dramatic ban of the app, which went into effect this weekend before Trump signed an extending by 90 days ...
Oracle (ORCL), TikTok Ink Cloud Data Storage Deal in the U.S.
Jun 20, 2022 · Oracle set out to win the TikTok data storage contract, leveraging the U.S.-China antagonism, to expand its flagging data storage business. TikTok has changed the default storage location of U.S....
Trump Open To Elon Musk Or Larry Ellison Buying TikTok
23 hours ago · President Donald Trump expressed openness to Tesla Inc. TSLA CEO Elon Musk or Oracle Corp. ORCL Chairman Larry Ellison ... Market analysts value TikTok’s U.S. operations at approximately $50 ...
A TikTok Ban Could Hurt Oracle’s (NYSE:ORCL) Business
Jun 25, 2024 · Oracle has not disclosed the impact of its financial ties with TikTok. However, according to a CNBC report citing Evercore analysts, TikTok is likely generating sales of $16 billion in...
Why Oracle Stock Is Soaring Today | The Motley Fool
2 days ago · The first delays TikTok's U.S. ban for 75 days, although its legality is in question. ... Shares of Oracle (ORCL 7.17%) are on the move today. The firm's stock is up 5.7% as of 1 p.m. ET.
Oracle met with Senate aides on TikTok data housing project
Apr 22, 2024 · Oracle privately met with Senate aides about their data housing agreement with TikTok after a bill that could ban the social media app from use in the United States passed …