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As business software giant Oracle tries to become “a trusted technology provider” for social media phenomenon TikTok, users of the app shared a similar reaction: Oracle who?
Oracle, the enterprise software company, confirmed on Monday that it was part of a high-profile bid for TikTok, which was facing a looming deadline imposed by the U.S. government to sell. The U.S. and China still have to confirm the deal, which stops short of an actual sale, before the it can be completed.
The agreement has some industry analysts scratching their heads. Why would a legacy enterprise software company chase TikTok, a social media app made popular by teens who create viral dance challenges? The answer has some analysts speculating that Oracle wants to serve as TikTok’s cloud … Read more