Oracle Chosen as TikTok’s Secure Cloud Provider
Oracle Corporation (NYSE: ORCL) announced today that it was chosen to become TikTok’s secure cloud technology provider. This technical decision by TikTok was heavily influenced by Zoom’s recent success in moving a large portion of its video conferencing capacity to …
Oracle prepares to start shutting TikTok servers from 0200 GMT, …
3 days ago · Jan 18 (Reuters) - Leaders at Oracle (ORCL.N), opens new tab, the main cloud computing provider for TikTok's U.S. operations, have told some staff to prepare to shut down servers that host U.S ...
Oracle (ORCL), TikTok Ink Cloud Data Storage Deal in the U.S.
Jun 20, 2022 · Oracle set out to win the TikTok data storage contract, leveraging the U.S.-China antagonism, to expand its flagging data storage business. TikTok has changed the default storage location of U.S....
Oracle May Hold TikTok’s Future in Its Hands - The New York Times
5 days ago · TikTok’s immediate future may rest in the hands of a tech company that has largely avoided the spotlight: Oracle. The company is one of the app’s leading server providers, managing the data ...
Oracle beats Microsoft to TikTok US deal - Financial Times
Sep 14, 2020 · ByteDance has reached a preliminary “technical partnership” agreement with Oracle for TikTok’s US operations that does not include a full sale of the short video app, according to three people...
TikTok moves US users’ data to Oracle servers to address ... - CNN
Jun 17, 2022 · TikTok has moved its US user data to Oracle’s cloud platform, the short-form video app announced Friday. The decision addresses concerns from US officials that the social media company’s...
Oracle warns that a TikTok ban would hurt business - CNBC
Jun 24, 2024 · Oracle provides cloud services to TikTok, and is warning investors that a ban of the app could hurt the company's revenue.
Q&A: What does a deal between TikTok and Oracle mean?
Sep 14, 2020 · HONG KONG (AP) — ByteDance, the Chinese company that owns the popular video-sharing app TikTok, has chosen Oracle over Microsoft as a new American technology partner to help keep the app operating in the U.S.
Oracle's 12.5% Stake in Tiktok Global to Rev Up Cloud Market
Sep 21, 2020 · Oracle (ORCL) will acquire 12.5% in TikTok Global business, which poises it well to gain a competitive edge over its cloud computing rivals, including AWS and Microsoft Azure.
Oracle met with Senate aides on TikTok data housing project
Apr 22, 2024 · Oracle privately met with Senate aides about their data housing agreement with TikTok after a bill that could ban the social media app from use in the United States passed …