Wednesday, 30 November, 2022

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


In Gujarat, voters want BJP’s alternative but not of Modi

After ruling Gujarat for 27 years, BJP knows how to shield election outcomes from ground realities such as people’s hardships, leaderless govt and corrupt bureaucracy.
File photo of Russian Foreign Minister Sergei Lavrov and his Indian counterpart Subrahmanyam Jaishankar | Maxim Shipenkov/Pool via Reuters

Modi govt asked by sanction-hit Russia for parts for key sectors, says report

Moscow has sent India a list of over 500 products including parts for cars, aircraft and trains for delivery as sanctions squeeze Russia's ability to keep vital industries running.


Illustration: Soham Sen | The Print

Modi govt moves with Arunachal Frontier Highway, among India’s ‘toughest’ projects yet, China in mind

The 2,000 km-long highway will be of strategic importance to military. Same equipment used on other side of LAC being deployed to carry out work on tough terrain, say officials.

A Gujarat gamble: A likely reason Rahul is not giving Modi a fight this assembly election

I'd rather not buy idea that Rahul's holding his fire until 2024. More likely, Congress believes Karnataka offers best chance of winning a Gujarat-sized state if Gujarat is too challenging.