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Industry September 21, 2020

Trump approved the purchase of TikTok by American companies Oracle and Walmart

A new twist in the TikTok case. President Donald Trump has agreed to a deal between Chinese ByteDance and American Oracle and Walmart. Now the owners of the application will create a company TikTok Global with headquarters in the United States, which is tentatively estimated at $ 20-50 billion.

Industry September 14, 2020

The authors of TikTok refused to sell the application to Microsoft. Oracle will become a partner of the company

There will be no deal between TikTok and Microsoft. China’s ByteDance has decided to enter into a partnership agreement with Oracle. It is not yet known whether the White House will accept such a turn of events. But it’s worth considering that Oracle management employs people with close ties to the presidential administration.

Industry January 22, 2016

Oracle: Android brought Google $31 billion

Over the seven years of its existence, Android OS has brought Google $31 billion in revenue and $22 billion in profit. The data was declassified by Oracle during the trial.