Oracle 'Seriously Considering' Acquiring TikTok
Oracle has expressed serious interest in acquiring TikTok, according to the Financial Times.
Oracle reportedly has already held preliminary talks with TikTok's China-based parent company, Bytedance, to explore the terms of an acquisition. Oracle is also believed to be working with venture capital firms including General Atlantic and Sequoia Capital to raise funds for a bid.
Serious interest from Oracle poses a potential threat to Microsoft's bid, which is currently regarded as the frontrunner. Microsoft has officially provided a formal proposal that would involve the purchase of TikTok's operations in the United States, Canada, Australia, and New Zealand. Twitter is also understood to be exploring an acquisition of TikTok, but there are serious questions around its ability to raise the necessary capital to do so.
Oracle is a multinational technology company focused on database software and cloud systems. Last year, Oracle was the world's second-largest software company by revenue and market capitalization, and it would likely be able to fund a potential acquisition of TikTok.
President Donald Trump issued an executive order on Friday demanding that ByteDance sells its U.S. operations within 90 days. The Financial Times noted that Oracle's billionaire co-founder Larry Ellison has been openly supportive of President Trump, but it is unclear whether this would consolidate Oracle as the White House's preferred choice.
Note: Due to the political or social nature of the discussion regarding this topic, the discussion thread is located in our Political News forum. All forum members and site visitors are welcome to read and follow the thread, but posting is limited to forum members with at least 100 posts.
Popular Stories
Apple today introduced the iPhone 16e, its newest entry-level smartphone. The device succeeds the third-generation iPhone SE, which has now been discontinued.
The iPhone 16e features a larger 6.1-inch OLED display, up from a 4.7-inch LCD on the iPhone SE. The display has a notch for Face ID, and this means that Apple no longer sells any iPhones with a Touch ID fingerprint button, marking the ...
Over the years, Apple has switched from an aluminum frame to a stainless steel frame to a titanium frame for its highest-end iPhones. And now, it has been rumored that Apple will go back to using aluminum for three out of four iPhone 17 models.
In an investor note with research firm GF Securities, obtained by MacRumors this week, Apple supply chain analyst Jeff Pu said the iPhone 17, iPhone...
Now that Apple has announced its new more affordable iPhone 16e, our thoughts turn to what else we are expecting from the company this spring.
There are three product categories that we are definitely expecting to get upgraded before spring has ended. Keep reading to learn what they are. If we're lucky, Apple might make a surprise announcement about a completely new product category.
M4...
Wednesday February 19, 2025 11:38 am PST by
Juli CloverFollowing the launch of the iPhone 16e, Apple updated its iOS 18, iPadOS 18, and macOS Sequoia pages to give a narrower timeline on when the next updates are set to launch.
All three pages now state that new Apple Intelligence features and languages will launch in early April, an update from the more broader April timeframe that Apple provided before. The next major point updates will be iOS ...
In a social media post today, Apple CEO Tim Cook teased an upcoming "launch" of some kind scheduled for Wednesday, February 19.
"Get ready to meet the newest member of the family," he said, with an #AppleLaunch hashtag.
The post includes a short video with an animated Apple logo inside a circle.
Cook did not provide an exact time for the launch, or share any other specific details, so...
Apple today announced its first custom cellular modem with the name "C1," debuting in the all-new iPhone 16e.
The new modem contributes to the iPhone 16e's power efficiency, giving it the longest battery life of any iPhone with a 6.1-inch display, such as the iPhone 15 and iPhone 16.
Expanding the benefits of Apple silicon, C1 is the first modem designed by Apple and the most...
Apple is permanently closing its retail store at the Northbrook Court shopping mall in the Chicago area. The company confirmed the upcoming closure today in a statement, but it has yet to provide a closing date for the location.
Apple Northbrook opened in 2005, and the store moved to a larger space in the mall in 2017.
Apple confirmed that affected employees will continue to work for the...
