Oracle, TikTok partnership is a 'headscratcher' -investor
Video Credit: Reuters Studio - Duration: 06:36s - Published
Oracle, TikTok partnership is a 'headscratcher' -investor
Oracle's decision to team up with China's ByteDance to keep TikTok operating in the United States is 'one of the weirder things' that has happened in a very long time, Kim Forrest of Bokeh Capital Partners told Reuters business correspondent Conway G.
A federal judge has halted a ban on TikTok's U.S. operations until at least November 12, the final deadline set by the Trump administration. Oracle and TikTok's owner Bytedance are currently working..
If the current plan moves forward, TikTok's new parent company, TikTok Global, is set to own 80 percent of the company as Oracle and Walmart take over U.S. operations. Cheddar's Michelle Castillo..
U.S. President Donald Trump said on Wednesday (September 16) he was not ready to sign off on a proposed deal involving Oracle Corp and ByteDance's TikTok.