oracle

TikTok’s Chinese parent company reportedly doesn’t want to sell its signature algorithm — meaning Oracle’s deal to take over parts of the app may not include its secret sauce. The American software giant has struck a deal to become TikTok’s so-called technology partner ahead of the Trump administration’s looming deadline for Beijing-based ByteDance to sell …

Microsoft’s bid to purchase TikTok’s US operations was rejected, the company announced Sunday, with Oracle reportedly winning the bid to help run the popular social media app in the states. The deal between Tiktok’s Beijing-based owner ByteDance and Oracle is not believed to be structured as an outright sale, a source told The Wall Street …

For a guy who has pushed massive deregulation, President Trump certainly likes to insert himself into the business world on a granular basis. He ridicules Amazon’s CEO Jeff Bezos as “Jeff Bozo” and threatens the company’s contracts with the federal government — not because Amazon does a poor job, but because Bezos owns The Washington …

President Trump said he would support Oracle acquiring TikTok in the US as the popular video-sharing app continues its search for a buyer. Speaking to reporters Tuesday, Trump called Oracle a “great company” following reports that the software giant had preliminary talks about buying TikTok’s operations in the US, Canada, Australia and New Zealand. “I …

Oracle is reportedly looking to purchase TikTok, giving Microsoft more competition for a politically sensitive acquisition of the popular video-sharing app. The software giant led by President Trump-supporting billionaire Larry Ellison has held preliminary talks with TikTok’s Chinese parent company, ByteDance, as it “seriously” considers purchasing the app’s operations in the US, Canada, Australia and …