Page 5 - Oracle

TikTok asks judge to block US order from barring new app downloads

A federal judge in San Francisco on Saturday issued a preliminary injunction blocking a similar Commerce Department order from taking effect on Sunday on Tencent Holdings' WeChat app

Math doesn't add up: Differing views create confusion in TikTok-Oracle deal

A key reason for the discrepancy lies in differing views over the eventual distribution of TikTok's shares

TikTok owner ByteDance seeks $60 bn valuation in Oracle, Walmart deal

Oracle and Walmart have rights to buy 12.5% and 7.5% respectively of a newly established TikTok Global under an agreement that won the approval of President Donald Trump

ByteDance says not aware of $5 billion education fund in TikTok deal

US President Donald Trump said he had approved a deal, which included a $5 billion education fund, to allow TikTok to continue to operate in the United States

Oracle, Walmart target greater reach, social media toehold with Tiktok deal

Oracle and Walmart together could end up with as much as 20% of the entity, purchased in a round of financing that would precede an initial public offering

US will delay the TikTok app store ban by a week over Oracle, Walmart deal

US Commerce Department announced a one-week delay until Sept. 27 in an order issued Friday that was set to require Apple Inc and Alphabet Inc's Google to remove the TikTok app for download

Have given my blessing, says Trump on TikTok deal involving Oracle, Walmart

The deal mandates the creation of a new American company -- incorporated in Texas -- and the prospect of 25,000 new jobs

Oracle to get access to TikTok's source code to eliminate Chinese backdoors

TikTok parent ByteDance Ltd. and Oracle submitted these details in their proposal to the Trump administration with a goal of averting an outright sale of the app or a shutdown of its US operations

Trump raises questions about TikTok-Oracle deal if ByteDance ties remain

Trump had previously threatened to ban the app unless its US operations were sold to a US company and the US government received a share of the proceeds

US investors, Oracle set to own majority stake in TikTok Global: Report

The U.S. Treasury submitted a revised term sheet to ByteDance late Wednesday to address national security concerns that was agreed to by the Chinese parent of TikTok

Top headlines: GST cut for auto sector unlikely, Happiest Minds IPO shines

Business Standard brings you the top headlines of the day

Oracle close to TikTok deal as ByteDance aims for majority ownership

Trump issued an executive order last month that would ban TikTok in the United States as early as Sept. 20 if ByteDance does not comply with a sale

Trump reviews ByteDance's plan to keep majority stake in TikTok: Report

Trump has ordered ByteDance to divest TikTok amid US concerns that user data could be passed to China's Communist Party government

Oracle partnering TikTok in US won't affect India ban instantly: Experts

They feel India will still want a local partner-based strategy in which data centres are placed locally within the country

To avoid TikTok's sale in US, ByteDance partners with Oracle: Report

Microsoft loses out; Chinese media stresses American operations won't be sold to any firm

Oracle confirms it is part of proposal by TikTok-parent ByteDance

Oracle Corp confirmed on Monday that it was part of a proposal made by TikTok-parent ByteDance to the US government to become a technology partner for the Chinese firm

Oracle to take charge of TikTok's US biz; may help ByteDance avoid ban

Microsoft announced Sunday that its bid to buy TikTok has been rejected

Oracle revenue, profit beat as cloud business benefits from remote work

Oracle Corp signaled a recovery in client spending as remote work spurred demand for cloud services as well as traditional licensing business, helping it beat expectations for first-quarter results

Oracle loses appeal in $10 billion Pentagon cloud-computing contract fight

Oracle argued that the Defense Department unfairly and unnecessarily tailored the minimum contract requirements for Amazon and Microsoft

ByteDance's TikTok may announce sale of US operations tomorrow: Report

Some speculations surrounding the sale of TikTok's US operations may soon come to an end as the short video-sharing platform owned by Chinese unicorn ByteDance has reportedly reached a deal.