Oracle Advances as the Likely TikTok Overseer
Where the hell did that come from?
September 15, 2020
While the investing and business world was eyeing Microsoft as the lead candidate to come in and takeover TikTok's American division, Oracle was lurkin' in the shadows preparing to come back from a 28-3 deficit.
The deal is set to make Oracle a "trusted technology provider" of TikTok, but honestly, who knows what the hell that actually means. Through all the fluff and headlines, it just seems as if Oracle is providing ByteDance, TikTok's parent company, a partnership, and an extra round of funding.
The whole TikTok situations come about because Trump'nem didn't trust Chinese officials, saying they were concerned they could access American users' data. Of course, China denied this, but then orange imbecile in the White House made an executive order that would ban the app on September 20.
U.S. officials have to be approved the deal with Oracle to make it official, but many suspect they will. The total amount of the agreement has not been made known just yet.