Site icon VMVirtualMachine.com

Oracle ‘leading contender’ to help run TikTok in new deal, The Information says

Oracle ‘leading contender’ to help run TikTok in new deal, The Information says
https://www.tipranks.com/news/the-fly/oracle-leading-contender-to-help-run-tiktok-in-new-deal-the-information-says

Oracle (ORCL) has emerged as “a leading contender” to help run TikTok as part of a deal President Donald Trump is orchestrating to satisfy last year’s divest-or-ban law, reports Jing Yang, Juro Osawa, Anissa Gardizy and Sri Muppidi of The Information, citing investors, bankers and former executives familiar with the matter. ByteDance management prefers Oracle,…

Article Source
https://finance.yahoo.com/news/oracle-leading-contender-help-run-143018556.html

Exit mobile version