Why enterprise tech giants like Microsoft and Oracle want in on the TikTok sale - Business Insider

United States News News

Why enterprise tech giants like Microsoft and Oracle want in on the TikTok sale - Business Insider
United States Latest News,United States Headlines
  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

ICYMI: Oracle and Microsoft may seem like unlikely candidates to take over TikTok — but their existing enterprise operations could factor in to the acquisition attempt

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.

This story was delivered to Insider Intelligence Connectivity & Tech Briefing subscribers earlier this morning. Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Connectivity & Tech industry with the Connectivity & Tech Briefing.Late last week, Oracle reportedly put together a bid to acquire TikTok operations across the US, Canada, Australia, and New Zealand,

TheWrap. As part of the transaction, Oracle would give TikTok's parent company ByteDance $10 billion in stock and half of the profit generated by TikTok in perpetuity.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BusinessInsider /  🏆 729. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside McDonald's whirlwind week and how brands are using TikTok - Business InsiderInside McDonald's whirlwind week and how brands are using TikTok - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »

Inside the 2020 MTV VMAs, and Why 'Mystery Is Kind of Exciting' For Award ShowsInside the 2020 MTV VMAs, and Why 'Mystery Is Kind of Exciting' For Award ShowsThe award show&39;s longtime executive producer, Jesse Ignjatovic, reveals how the unprecedented show came together.
Read more »

TikTok users can link to Shopify and Teespring with e-commerce buttons - Business InsiderTikTok users can link to Shopify and Teespring with e-commerce buttons - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »

Inside McDonald's whirlwind week and how brands are using TikTok - Business InsiderInside McDonald's whirlwind week and how brands are using TikTok - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »

I Think I Like This New TikTok House And I’m Trying To Process WhyI Think I Like This New TikTok House And I’m Trying To Process WhyOne-part of this week's newsletter: Why all of the TikTok houses have turned me off to the concept, but why I've taken to The House Nobody Asked For.
Read more »



Render Time: 2025-02-24 20:41:01