A telemedicine company focused on treating ADHD has had its ads banned by both Google and TikTok amidst a federal investigation. The Wall Street Journal reported exclusively on this development, revealing that the company’s advertising efforts have been halted on these popular platforms due to the ongoing scrutiny from federal authorities. The company, which specializes … Read more
TikTok’s parent company, ByteDance, is collaborating with US company Broadcom to develop an advanced 5-nanometer AI chip, according to Reuters. The chip is expected to be manufactured by Taiwan Semiconductor Manufacturing Corporation (TSMC), known for producing chips for popular tech companies like Apple and Nvidia. Despite US chip export restrictions, this collaboration is not expected … Read more
Chinese tech company ByteDance, known for its popular social media platform TikTok, has announced a new partnership with semiconductor company Broadcom to develop artificial intelligence (AI) chips. This collaboration marks ByteDance’s foray into the world of hardware development, specifically focusing on AI technology. By leveraging Broadcom’s expertise in chip design and manufacturing, ByteDance aims to … Read more
The ongoing saga involving TikTok has taken a new turn with Oracle expressing concern about the implications of a possible ban on the popular video-sharing app. Oracle’s financial interests in TikTok stem from its role as the “trusted technology partner” in the US, with a $1 billion investment in the partnership. The company views the … Read more
The parent company of the popular social media platform TikTok has recently announced a collaboration with Broadcom to develop a new AI chip. This partnership comes as part of TikTok’s efforts to enhance its technological capabilities and further establish itself as a leader in the social media industry. The new chip is expected to provide … Read more
Oracle could face a significant blow if the US government decides to ban TikTok, a popular social media app owned by ByteDance. As one of the main providers of cloud technology for TikTok, Oracle could lose a significant source of revenue if the ban is enacted. Analysts estimate that TikTok contributes between $480 million and … Read more
Oracle faced a setback when it lost its cloud technology provider partnership with TikTok, a popular social media app owned by ByteDance. As the US government’s ban on TikTok looms, Oracle’s revenue stream is at risk. The potential ban would have negative effects on Oracle’s revenue and profits, as TikTok is estimated to be one … Read more
Technology giant Oracle has warned that a potential ban on the popular social media app TikTok in the United States could have negative consequences for its cloud business. Oracle, which has recently entered the race to acquire TikTok’s US operations, has raised concerns about the impact of a ban on its cloud computing division. The … Read more
&w=1200&resize=1200,675&ssl=1 "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
Oracle, a software company, has expressed concerns that a ban on TikTok in the United States could negatively impact its business. President Joe Biden signed a bill in April requiring China’s ByteDance, the owner of TikTok, to sell the popular app within nine months to avoid a ban. Oracle provides cloud infrastructure for TikTok, which … Read more