Why enterprise tech giants like Microsoft and Oracle want in on the TikTok sale - Business Insider

📆 01/09/2020 01:28:00
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Oracle and Microsoft may seem like unlikely candidates to take over TikTok — but their existing enterprise operations could factor in to the acquisition attempt

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This story was delivered to Insider Intelligence Connectivity & Tech Briefing subscribers earlier this morning. Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Connectivity & Tech industry with the Connectivity & Tech Briefing.Late last week, Oracle reportedly put together a bid to acquire TikTok operations across the US, Canada, Australia, and New Zealand,

TheWrap. As part of the transaction, Oracle would give TikTok's parent company ByteDance $10 billion in stock and half of the profit generated by TikTok in perpetuity.

Write Comment

i am still hoping we just ban it we will make our own A TikTok Ban Is Overdue Critics say we shouldn’t abandon the ideal of an open internet. But there is such a thing as being a sucker.

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TikTok sale disrupted as China rewrites rules to give itself a veto - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Just BanTikTok. Forget about selling. Teens will cry but they will find a replacement. Let's see then. Then just ban it!
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