disastrous

Oracle warns that a TikTok ban in the US would have disastrous consequences for revenue and the economy.

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Oracle warns that a TikTok ban in the US would have disastrous consequences for revenue and the economy.

Oracle has warned investors about the financial impact of a potential US ban on TikTok, as the law signed by President Joe Biden in April states that providing internet hosting services to TikTok is illegal unless certain conditions are met by its China-based owners, ByteDance. In a regulatory filing, Oracle stated that if they cannot … Read more

Why Microsoft Acquiring Valve Would Be a Disastrous Decision

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Why Microsoft Acquiring Valve Would Be a Disastrous Decision

Microsoft, Sony, and other companies went on acquisition sprees before the pandemic, promising a bright future for game developers. However, the reality turned out differently, with studio closures, layoffs, and canceled projects. Despite this, acquisition rumors, like Microsoft possibly acquiring Valve, continue to circulate. The idea of Microsoft buying Valve seems improbable, with reports of … Read more