Wednesday, 18 May, 2022
TopicOracle

Topic: Oracle

The maths isn’t clear on how much US companies will own in TikTok’s Oracle & Walmart deal

Oracle & Walmart say American investors will control more than 50% of the new TikTok Global. But this is at odds with ByteDance’s insistence that the company will get a 80% stake.

Donald Trump approves Oracle-TikTok deal, sets up delay on app ban

The new entity has agreed to donate $5 billion to an education fund, which Trump said would satisfy his demand that the government receive a payment from the deal.

In TikTok sale, Microsoft is no loser and oracle no winner

Despite Oracle Chairman Larry Ellison’s backing for Trump, there’s no guarantee the separation of TikTok from ByteDance will be clean enough to pass White House muster. 

Oracle beats Microsoft to buy US operations of TikTok

ByteDance turned down Microsoft’s previous bid to buy TikTok’s US assets. A deal with Oracle is narrower, appearing more like corporate restructuring.

Oracle jumps into the fray to buy TikTok’s US business

The entry of Oracle could challenge Microsoft’s bargaining position, as the Redmond-based company had been the only party to publicly confirm it was in talks with ByteDance.

Former Infosys CEO Vishal Sikka joins Oracle’s board of directors

Vishal Sikka is considered among the world's leading experts in Artificial Intelligence, machine learning.

Google Cloud CEO Diane Greene steps down, to be replaced by Thomas Kurian

With Thomas Kurian, Google will be getting an executive who used to supervise cloud development at Oracle, the world’s second-largest software maker.

On Camera

YourTurn

File photo of Assi Ghat, Varanasi | Representative Image | Neera Majumdar | ThePrint

Forget Gyanvapi for a moment, Varanasi needs justice for a recent carnage: 2006 IM bombings

The real victim of the Varanasi bombing investigation has been the idea of justice. It's more lethal than any bombs the Indian Mujahideen planted.
File image of Tata Group's headquarters in Mumbai | Photo: Dhiraj Singh | Bloomberg

Tata in acquisition talks with as many as 5 brands, to bolster position in consumer goods sector

The conglomerate will likely face stiff competition in the sector from existing global giants such as Unilever, as well as Indian tycoon Mukesh Ambani’s Reliance Industries.

Defence

Satellite image of the development on the site | Twitter | @detresfa_

China building ‘bigger, broader’ 2nd bridge at Pangong Tso that can carry armoured columns

China's People's Liberation Army aims for multiple routes to counter any possible operations by the Indian forces on the southern banks of the Pangong Tso in the future.

How Congress is like the Ambassador & why Indian politics needs a brand new set of wheels

Like the car, nothing the party has done to reinvent itself has worked. Only way forward is to offer something looking towards the future, not in image of glorious past.
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