Business

Oracle 'very close' to deal on TikTok: Trump

Silicon Valley tech giant Oracle is "very close" to sealing a deal to become the US partner to Chinese-owned video app TikTok to avert a ban in the United States, President Donald Trump said Tuesday.

Business

US government receives Oracle bid for TikTok

US officials were to consider a bid by tech giant Oracle to become an American partner to the Chinese-owned TikTok video app after it was designated a national security risk.

Business

Q&A: What does a deal between TikTok and Oracle mean?

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. TikTok confirmed the decision ...

Business

Source: Oracle wins TikTok over Microsoft in Trump-urged bid

The owner of TikTok has chosen Oracle over Microsoft as the American tech partner that could help keep the popular video-sharing app running in the U.S., according to a source familiar with the deal who was not authorized ...

Business

Oracle's improbable TikTok talks have a simple explanation: Data

Oracle Corp.'s preliminary interest in making a bid for TikTok, on first glance, looks like an awkward fit—the 43-year-old software giant best known for legacy corporate databases and the music-video sharing app beloved ...

Business

Oracle shares slump on earnings hit by pandemic

Oracle shares fell Tuesday after the business software company reported its earnings took a hit from the pandemic's toll on hotels, shops and other enterprises that rely on its cloud computing offerings.

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Oracle

An oracle is a person or agency considered to be a source of wise counsel or prophetic opinion. It may also be a revealed prediction or precognition of the future, from deities, that is spoken through another object or life-form (e.g.: augury and auspice).

In the ancient world many sites gained a reputation for the dispensing of oracular wisdom: they too became known as "oracles," and the oracular utterances, called khrēsmoi in Greek, were often referred to under the same name—a name derived from the Latin verb ōrāre, to speak.

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