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TikTok Sale: China's New Tech Export Controls Could Give Beijing a Say | Technology News
Submitted 57 day(s) ago by system

China's new rules around tech exports mean ByteDance's sale of TikTok's US operations could need Beijing's approval, a Chinese trade expert told state media, a requirement that would complicate the forced and politically charged divestment.

Oracle Challenge in JEDI Fight Rejected by US Appeals Court | Technology News
Submitted 57 day(s) ago by system

Oracle's long-running legal challenge to how the Pentagon set up its $10 billion JEDI cloud computing contract has been rejected by a US appeals court.

TikTok Buyers Said to Pursue Four Options in Effort to Revive Talks | Technology News
Submitted 57 day(s) ago by system

TikTok's prospective buyers are discussing four ways to structure an acquisition from its Chinese owner ByteDance, which include buying the app's U.S. operations without key software, after Beijing stalled a deal which could be worth $30 billion, sources said.

Oracle Enters Race to Buy TikTok's US Operations: Report | Technology News
Submitted 72 day(s) ago by system

Oracle has held preliminary talks with TikTok's Chinese owner, ByteDance, and was seriously considering buying the app's operations in the United States, Canada, Australia and New Zealand, the Financial Times newspaper reported on Monday.

Oracle Wins Cloud Computing Deal With Zoom as Video Calls Surge | Technology News
Submitted 183 day(s) ago by system

Zoom and Oracle did not disclose the size of the deal, but said traffic for millions of meeting participants is being handled by Oracle's cloud service and about 7 million gigabytes of Zoom data per day is flowing through Oracle servers.

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