Meta, Google, TikTok Must Face Schools’ Addiction Claims

Meta, Google, TikTok Must Face Schools’ Addiction Claims

(Bloomberg) — Meta Platforms Inc., Google, TikTok and Snap will have to face lawsuits brought by school districts in federal court blaming their “addictive” apps for contributing to a mental health crisis among students. Most Read from… Article Source https://finance.yahoo.com/news/meta-google-tiktok-must-face-000922319.html

Google Losing Search Ad Dominance to AI, Amazon, TikTok | Entrepreneur

Google Losing Search Ad Dominance to AI, Amazon, TikTok | Entrepreneur

Google is the most popular search engine in the world, but its dominance over search ad revenue—and Gen Z’s vernacular—is losing steam. According to a Wall Street Journal report, Google’s share of the $88.8 billion U.S. search… Article Source https://www.entrepreneur.com/business-news/google-losing-search-ad-dominance-to-ai-amazon-tiktok/480906

Oracle discusses TikTok data storage with Senate aides following House ban passage

Oracle discusses TikTok data storage with Senate aides following House ban passage

Oracle’s Executive Vice President, Ken Glueck, revealed that the company had four meetings focused on technical mitigations for a data storage project. The meetings were held with members of the Senate Commerce Committee and the Intelligence Committee, with two being in person and two via Zoom. The discussions were organized with the help of lobbying … Read more

Oracle cautions about potential TikTok ban – MyBroadband

provider recently sent me an email   warning against the potential consequences of a TikTok ban. The email   highlighted how such a move could lead to negative impacts on both consumers and businesses. Oracle, a major technology company, has also expressed concerns about the potential ban on TikTok in the United States. Oracle has warned that a ban … Read more

Oracle cautions investors of significant revenue loss beyond just creators in potential TikTok ban

Oracle cautions investors of significant revenue loss beyond just creators in potential TikTok ban

Oracle Corp. faces financial repercussions due to a new law potentially banning TikTok in the U.S., as warned in a regulatory filing. The law signed by President Joe Biden could make it illegal to provide internet hosting services to TikTok without certain steps taken by the China-based owners. Oracle, which relies on TikTok as one … Read more

Oracle’s Stock Could Take a Hit from TikTok Ban – Should Investors Sell?

Oracle’s Stock Could Take a Hit from TikTok Ban – Should Investors Sell?

In late 2020, Oracle (NYSE: ORCL) suffered a setback when it failed to secure a deal to provide cloud technology to the popular social media app TikTok, owned by ByteDance. This deal could have been a significant source of revenue for Oracle, as TikTok has a large user base and generates substantial user fees. However, … Read more

ByteDance, the company behind TikTok, in discussions with Broadcom from U.S. for potential TSMC-manufactured AI processor.

ByteDance, the company behind TikTok, in discussions with Broadcom from U.S. for potential TSMC-manufactured AI processor.

ByteDance Ltd. and Broadcom Inc. have been in discussions regarding a potential collaboration on an artificial intelligence processor to support ByteDance’s development in that technology. The two companies have reportedly talked about a specially designed 5-nanometer chip, although no agreement has been reached as of yet. Broadcom currently supplies an older-generation 7nm AI processor for … Read more

Potential TikTok Ban May Impact Oracle’s Cloud Revenue – DatacenterDynamics

The potential ban on TikTok in the United States could have negative implications for the cloud earnings of Oracle, a tech company known for its cloud services. Oracle has been in talks to acquire TikTok’s U.S. operations to address national security concerns raised by the U.S. government. However, if the ban on TikTok goes through … Read more