Oracle May Hold TikTok’s Future in Its Hands - The New York Times
22 hours 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 ...
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's 12.5% Stake in Tiktok Global to Rev Up Cloud Market
Sep 21, 2020 · Oracle (ORCL) will acquire 12.5% in TikTok Global business, which poises it well to gain a competitive edge over its cloud computing rivals, including AWS and Microsoft Azure.
Oracle warns that a TikTok ban would hurt business
Jun 24, 2024 · Oracle provides cloud services to TikTok, and is warning investors that a ban of the app could hurt the company's revenue.
Supreme Court’s TikTok Ruling: What It Means for Meta, Snap, Oracle …
5 days ago · Oracle (ORCL) also stands to be impacted by a TikTok ban. The tech giant provides cloud services to TikTok, and its partnership with the app has been lucrative. While the total value of the deal is undisclosed, estimates suggest TikTok could contribute between $480 million to $800 million annually to Oracle’s cloud division—about 5% of the ...
TikTok moves US users’ data to Oracle servers to address security ...
Jun 17, 2022 · TikTok has moved its US user data to Oracle’s cloud platform, the short-form video app announced Friday. The decision addresses concerns from US officials that the social media company’s...
As TikTok Ban Looms, ByteDance Battles Oracle For Control Of ... - Forbes
Aug 24, 2023 · Under a draft agreement between ByteDance and CFIUS, Oracle would be TikTok’s partner — and a government proctor. But stuck in limbo, the companies’ relationship has soured.
TikTok Will ‘Soon’ Grant Oracle Full Access to Code, Algorithm
May 22, 2023 · TikTok will “soon” grant Oracle Corp. full access to its source code, algorithm and content-moderation material as part of efforts to alleviate national security concerns about the app.
Oracle a good stock 'with or without TikTok,' portfolio manager …
3 days ago · Oracle hosts TikTok's U.S. user data on its servers, reviews the app's source code and delivers the app to the app stores. Reports this week of a potential TikTok sale to Elon Musk could help Oracle keep the short-form video app as a client, Krawez said.
TikTok CEO Says Oracle Has Begun Reviewing Its Source Code
May 23, 2023 · On Tuesday, the TikTok chief reiterated that his team is working with Oracle and the U.S. government and making progress. TikTok’s 150 million American users appear to be its biggest ally.