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Showing posts with the label Trump executive policy

Oracle gets Trump's green light for TikTok acquisition

JAKARTA – Technology company Oracle Corp has expressed its intention to acquire the TikTok business in the United States (US). The plan has also received the green light from President Donald Trump. This was conveyed by Trump in response to Oracle’s plan to take over ByteDance’s short video platform. “I think Oracle is a great company,” President Trump was quoted as saying Reuters , Wednesday, August 19. In his report, the company owned by billionaire Larry Ellison is eyeing TikTok businesses and operations in North America, Australia and New Zealand. The same thing Microsoft wanted when it acquired TikTok. Also read: Apart from Microsoft and Twitter, Oracle also wants to buy TikTok TikTok takes Trump’s exclusive policies to court After TikTok, now it’s WeChat’s turn to be boycotted by Trump In fact, Oracle is not alone in acquiring TikTok. Together with other ByteDance investors such as General Atlantic and Sequoia Capital, they are m...

Apart from Microsoft and Twitter, Oracle also wants to buy TikTok

JAKARTA – Technology company Oracle Corp has a desire to acquire platform short TikTok videos. Previously, Microsoft and Twitter were still considering obtaining a TikTok business license in the United States (US). Launch The Verge On Tuesday, August 18, the company owned by Larry Ellison was reportedly serious enough to consider buying TikTok’s operations in the US, Canada, Australia and New Zealand. Because, so far, Microsoft has only acquired 30 percent of TikTok’s shares. Also read: TikTok takes Trump’s exclusive policies to court After TikTok, now it’s WeChat’s turn to be boycotted by Trump It’s Hot! The United States Will Remove Chinese Companies on US Stock Exchanges Unfortunately, neither ByteDance nor TikTok have commented on the company’s acquisition plan. That’s where the acquisition plan comes after President Donald Trump issued an executive order ordering ByteDance to sell its business to the US within 90 days. Acco...