Morgan Stanley predicts potential $370M to $1.3B impact from Oracle’s involvement in TikTok ban

Morgan Stanley predicts potential 0M to .3B impact from Oracle’s involvement in TikTok ban

Morgan Stanley warned Oracle (NYSE: ORCL) of potential financial risks ranging from $370 million to $1.3 billion due to a law that could ban TikTok in the US if it does not divest from its Chinese parent company, ByteDance (BDNCE). Oracle, a major cloud infrastructure provider for TikTok, could see a hit to its revenue … Read more

Oracle cautions that a TikTok ban could impact revenue and profit – MSN

Oracle has cautioned that a potential ban on the popular social media app TikTok in the United States could have a significant impact on the company’s revenue and profits. Oracle, a major player in the tech industry, is currently in talks to acquire TikTok’s US operations amid national security concerns raised by the Trump administration. … Read more

Oracle warns that a TikTok ban in the U.S. could have a negative impact on earnings.

Oracle warns that a TikTok ban in the U.S. could have a negative impact on earnings.

Oracle (NYSE:ORCL) has cautioned investors that a potential law banning the popular social media app TikTok in the US could have an adverse impact on its profits. In April, President Biden signed a bill that would ban TikTok in the US unless it severs ties with its China-based parent company, ByteDance (BDNCE), and finds a … Read more

MarketWatch Reports Possible Impact on Oracle’s Earnings Due to TikTok Ban

Oracle, the multinational computer technology corporation, has warned that a potential ban on TikTok in the United States could have negative effects on its profits. The popular video-sharing app has been at the center of controversy due to concerns over the security of user data and its ties to the Chinese government. If TikTok were … Read more

Oracle cautions against potential negative impact on business from a TikTok ban

Oracle cautions against potential negative impact on business from a TikTok ban

CEOs of major companies including Oracle Corp. and Palantir Technologies recently met with senators on Capitol Hill to advocate for US support of Israel during its invasion of Gaza. At the same time, they sought assistance in freeing hostages held by Hamas. However, Oracle faces potential financial setbacks if a ban is imposed on TikTok … Read more

Bloomberg reports that Oracle cautions a potential TikTok ban could impact company earnings and profits

Oracle has cautioned that a ban on TikTok in the United States could negatively impact its revenue and profits. The tech giant, which is in talks to acquire the popular social media app’s US operations, made the warning amid ongoing discussions surrounding national security concerns related to TikTok’s Chinese ownership. Oracle’s potential deal with TikTok … Read more

UEFIcanhazbufferoverflow: The Far-reaching Impact of a Vulnerability in Common PC and Server Firmware – Eclypsium | Enhancing Supply Chain Security in Today’s Enterprises

UEFIcanhazbufferoverflow: The Far-reaching Impact of a Vulnerability in Common PC and Server Firmware – Eclypsium | Enhancing Supply Chain Security in Today’s Enterprises

Eclypsium’s automated binary analysis system, Automata, has uncovered a significant vulnerability in the Phoenix SecureCore UEFI firmware used on various Intel Core processor families, including AlderLake, CoffeeLake, CometLake, IceLake, JasperLake, KabyLake, MeteorLake, RaptorLake, RocketLake, and TigerLake. This vulnerability, identified as CVE-2024-0762 with a CVSS score of 7.5, involves an unsafe variable in the Trusted Platform … Read more

Strategies for Developing FedRAMP High/Moderate Impact Workload Solutions Outside the Continental United States (OCONUS) Using Amazon Web Services (AWS)

Strategies for Developing FedRAMP High/Moderate Impact Workload Solutions Outside the Continental United States (OCONUS) Using Amazon Web Services (AWS)

Cloud computing is essential for the federal government to enhance operational efficiencies and drive innovation securely and cost-effectively. Amazon Web Services (AWS) offers GovCloud (US) for government customers to design and implement secure cloud solutions compliant with various regulations such as FedRAMP, CJIS Security Policy, ITAR, ITAR, EAR, and more. AWS GovCloud (US-East) and (US-West) … Read more

Nvidia’s Impact on the S&P 500: From Boost to Potential Tank

Nvidia’s Impact on the S&P 500: From Boost to Potential Tank

Stock warning lights are flashing as Nvidia’s shares surge over 160% this year, boosting its market capitalization to $3.2 trillion, representing nearly 7% of the S&P 500’s total value. While Nvidia’s remarkable gains have not yet faltered, its significant influence on the market poses risks for investors. Reflection Asset Management’s Jason Britton cautions about the … Read more

Asian Shares Mostly Decline Today as Nvidia’s Impact Felt on Wall Street

Asian Shares Mostly Decline Today as Nvidia’s Impact Felt on Wall Street

Asian stocks mostly declined on Friday due to a drop in Wall Street, where Nvidia’s shares fell. Japan’s Nikkei 225 was relatively flat, Australia’s S&P/ASX 200 rose, South Korea’s Kospi dropped, Hong Kong’s Hang Seng fell significantly, and Shanghai Composite slightly declined. On Wall Street, the S&P 500 and Nasdaq Composite fell, while the Dow … Read more