According to a report from Morgan Stanley, Oracle could potentially face a financial hit ranging from $370 million to $1.3 billion if the proposed ban on TikTok in the United States were to go through. The investment firm’s analysis suggests that Oracle’s potential revenue from hosting TikTok’s data and operations in the US could be … Read more
ByteDance, the China-based owner of TikTok, is facing potential consequences from the US ban on the popular social media platform. Oracle, who provides hosting services for TikTok, has warned that the ban could impact its revenue and profits. The US Senate passed a bill in April requiring ByteDance to transfer its US operations or face … Read more
While there is excitement surrounding Advanced Micro Devices (AMD) and its potential in the artificial intelligence (AI) chip market, some analysts, like Morgan Stanley’s Joseph Moore, remain skeptical. Moore believes that expectations for AMD may be too high, especially when it comes to competing with industry leader Nvidia. Nvidia currently holds a dominant position in … Read more
Oracle recently revealed in its annual report that a potential ban on TikTok in the United States could have a negative impact on its business. As a provider of cloud infrastructure services for TikTok, which has over 150 million users in the US, Oracle could see a decline in revenue and profits if it is … Read more
The US ban on Chinese social media company TikTok is expected to impact Oracle’s revenue and profits. Oracle stated in a filing with the US Securities and Exchange Commission that the ban will make it illegal to provide Internet hosting services to TikTok within the US, potentially leading to a negative impact on their financials … Read more
Cloud giant Oracle has expressed concerns about a potential ban on TikTok in the United States and how it could impact the company’s financial performance. In its annual report to the SEC, Oracle stated that being unable to provide services to TikTok, along with the inability to redeploy that capacity promptly, could negatively affect its … Read more
Software company Oracle is concerned that a potential ban on TikTok in the United States could negatively impact its finances. Congress passed a bill that would require TikTok’s parent company, ByteDance, to sell the app within 12 months or face an outright ban. Oracle provides cloud infrastructure support for TikTok and warned investors that if … Read more
A recent study highlights the role of Amazon Web Services (AWS) in promoting environmental sustainability in the realm of artificial intelligence (AI) and machine learning. According to Sanjay Podder, a Global Technology Sustainability Leader at Accenture, AWS’s focus on hardware and cooling efficiency, carbon-free power sources, purpose-built silicon, and optimized storage solutions can assist organizations … Read more
Oracle has issued a warning about the potential consequences of a TikTok ban on its operations and revenue. The tech giant provides infrastructure and cloud services to TikTok, which has a large user base of between 100 and 50 million users in the US. While specific financial details of Oracle’s relationship with TikTok have not … Read more
Earlier today, Nvidia experienced a significant stock market crash, resulting in over $500 billion in shares being wiped out. This marks the largest short-term loss for any company in history. However, just a few days ago, Nvidia became the most valuable company globally, with a net worth of around $2.9 billion. The drop caused Nvidia’s … Read more