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macrumors bot
Original poster
Apr 12, 2001
57,449
20,283


Oracle has expressed serious interest in acquiring TikTok, according to the Financial Times.

tiktok-logo-800x450.jpg


Oracle reportedly has already held preliminary talks with TikTok's China-based parent company, Bytedance, to explore the terms of an acquisition. Oracle is also believed to be working with venture capital firms including General Atlantic and Sequoia Capital to raise funds for a bid.

Serious interest from Oracle poses a potential threat to Microsoft's bid, which is currently regarded as the frontrunner. Microsoft has officially provided a formal proposal that would involve the purchase of TikTok's operations in the United States, Canada, Australia, and New Zealand. Twitter is also understood to be exploring an acquisition of TikTok, but there are serious questions around its ability to raise the necessary capital to do so.

Oracle is a multinational technology company focused on database software and cloud systems. Last year, Oracle was the world's second-largest software company by revenue and market capitalization, and it would likely be able to fund a potential acquisition of TikTok.

President Donald Trump issued an executive order on Friday demanding that ByteDance sells its U.S. operations within 90 days. The Financial Times noted that Oracle's billionaire co-founder Larry Ellison has been openly supportive of President Trump, but it is unclear whether this would consolidate Oracle as the White House's preferred choice.

Note: Due to the political or social nature of the discussion regarding this topic, the discussion thread is located in our Political News forum. All forum members and site visitors are welcome to read and follow the thread, but posting is limited to forum members with at least 100 posts.

Article Link: Oracle 'Seriously Considering' Acquiring TikTok
 

genovelle

macrumors 68000
May 8, 2008
1,700
2,077


Oracle has expressed serious interest in acquiring TikTok, according to the Financial Times.

tiktok-logo-800x450.jpg


Oracle reportedly has already held preliminary talks with TikTok's China-based parent company, Bytedance, to explore the terms of an acquisition. Oracle is also believed to be working with venture capital firms including General Atlantic and Sequoia Capital to raise funds for a bid.

Serious interest from Oracle poses a potential threat to Microsoft's bid, which is currently regarded as the frontrunner. Microsoft has officially provided a formal proposal that would involve the purchase of TikTok's operations in the United States, Canada, Australia, and New Zealand. Twitter is also understood to be exploring an acquisition of TikTok, but there are serious questions around its ability to raise the necessary capital to do so.

Oracle is a multinational technology company focused on database software and cloud systems. Last year, Oracle was the world's second-largest software company by revenue and market capitalization, and it would likely be able to fund a potential acquisition of TikTok.

President Donald Trump issued an executive order on Friday demanding that ByteDance sells its U.S. operations within 90 days. The Financial Times noted that Oracle's billionaire co-founder Larry Ellison has been openly supportive of President Trump, but it is unclear whether this would consolidate Oracle as the White House's preferred choice.

Note: Due to the political or social nature of the discussion regarding this topic, the discussion thread is located in our Political News forum. All forum members and site visitors are welcome to read and follow the thread, but posting is limited to forum members with at least 100 posts.

Article Link: Oracle 'Seriously Considering' Acquiring TikTok
I wonder why they weren’t a threat until a bunch of users used it to make him look bad at an event? I’m sure he would never use the powers of the office to retaliate.
 

twinlight

macrumors 6502a
Sep 4, 2016
714
542
Don’t understand how they make money except the data harvesting. Guessing Chinas government is footing the bill..

I follow the news about this for entertainment but it’s impossible to understand why anyone would buy this POS.

It is more interesting to see the precedent this sets as US controlling what apps and companies can be allowed around the world.
 

ruka.snow

macrumors 68000
Jun 6, 2017
1,853
4,999
Scotland
Don’t understand how they make money except the data harvesting. Guessing Chinas government is footing the bill..

I follow the news about this for entertainment but it’s impossible to understand why anyone would buy this POS.

It is more interesting to see the precedent this sets as US controlling what apps and companies can be allowed around the world.

How does Facebook, Twitter, and Macrumours.com earn money? They don't need government backing.
 
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twinlight

macrumors 6502a
Sep 4, 2016
714
542
How does Facebook, Twitter, and Macrumours.com earn money? They don't need government backing.
They have ads everywhere?

Honestly haven’t had TikTok installed so I don’t actually know if they have filled the app with ads also. Someone enlighten me..
 
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macdos

Suspended
Oct 15, 2017
604
965
Soon enough China will tighten its exports of rare earths, and have the US begging for mercy at their feet. They will then sell off their possession of US debt and make the dollar go south, further exacerbating the toll of Trump’s trade war with China on US consumers. I see markets crash, bubbles burst and banks tumble.

And as iceing on the cake, before invading Taiwan and kicking out the US fleet of the Pacific, they might just unleash a virus or something, making the US third world health care crumble.

It is more interesting to see the precedent this sets as US controlling what apps and companies can be allowed around the world.
 

Mr. Dee

macrumors 601
Dec 4, 2003
4,078
6,876
Jamaica
Remember what Oracle did to Java, Open Office and all the other software acquisitions like PeopleSoft, SUN, Solaris, MySQL? They all pretty much died.
 

biffuz

macrumors 6502
Feb 23, 2016
303
277
Remember what Oracle did to Java, Open Office and all the other software acquisitions like PeopleSoft, SUN, Solaris, MySQL? They all pretty much died.
They bought Sun to make money off its licenses and transition the customers to their technologies, they obviously had zero interests in the tech, save for Java, which they kept on life support and it's starting to recover only now - by the way, Java is still going strong on the server side, and it would kick the a** of JS on the desktop if it is properly supported an developed. Personally I hope the integration with WebAssembly goes well, so I can use it for web apps.

They seem to think they can make a lot of money out of TikTok. As soon as the cash flow shrinks, they will kill it, or sell its corpse.
 
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cmaier

Suspended
Jul 25, 2007
25,406
33,446
California
Most of the posters on this forum aren't old enough to understand the rivalry between Microsoft and Oracle. Larry Ellison hates Microsoft. He'd buy anything to keep it out of the hands of Microsoft. And that worked out well for Java, no?

For a few months in the 1990’s I worked at Sun Microelectronics, which was the Sun division that did the processor designs. On my first day, I was asked to meet with the guy in charge of “ultrajava,” a CPU design just for “Java stations.”

He tried to convince me to work on his team, and I politely declined. That cycle repeated for awhile, and eventually he flat out asked why I didn’t want to work on what was clearly the future of computing technology. I told him (using technical terms) that java was stupid, it would be relegated to niche applications, and I preferred to work on SPARC.

A month later, while working on SPARC, they installed Javastations in our offices, which we all refused to use for anything other than email. I remember Scott mcnealy sending out an email to the company explaining how great the javastations are, and how rapidly the software was evolving - his example was that the email app now put a message number in front of each email in the list.

I also remember the internal EDA team trying to port internal cad tools to java, and that nobody would use them.

And then I left.
 

sw1tcher

macrumors 68040
Jan 6, 2004
3,196
7,437
As long as TikTok is sold to some U.S. company, Trump doesn't care.

The U.S. must not allow China the ability to track Americans. Only the U.S. should be allowed to do that.

 

cmaier

Suspended
Jul 25, 2007
25,406
33,446
California
As long as TikTok is sold to some U.S. company, Trump doesn't care.

The U.S. must not allow China the ability to track Americans. Only the U.S. should be allowed to do that.

Well, china can do it to as long as they interfere in the election on his behalf.
 

AZREOSpecialist

Suspended
Mar 15, 2009
2,354
1,278
Soon enough China will tighten its exports of rare earths, and have the US begging for mercy at their feet. They will then sell off their possession of US debt and make the dollar go south, further exacerbating the toll of Trump’s trade war with China on US consumers. I see markets crash, bubbles burst and banks tumble.

And as iceing on the cake, before invading Taiwan and kicking out the US fleet of the Pacific, they might just unleash a virus or something, making the US third world health care crumble.
Yah, no.
 

BaltimoreMediaBlog

macrumors 65816
Jul 30, 2015
1,175
2,054
DC / Baltimore / Northeast
As long as TikTok is sold to some U.S. company, Trump doesn't care.

The U.S. must not allow China the ability to track Americans. Only the U.S. should be allowed to do that.


China is a serious threat whether you accept it or not according to CBS News.

117771451_10223658567156483_791780471712163204_n.jpg
 
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