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Taylor_OD on Aug 19, 2020 | parent | context | favorite | on: Trump gives nod to Oracle buyout of TikTok in US

Can someone explain this potential acquisition for me? I cant think of a company more unlikely to acquire TikTok than Oracle. What business need could they fill for Oracle? Is this an effort to get into social media/massive data collection in a big way? Have they tried to acquire other social apps in the past?

I just don't get it.

XaspR8d on Aug 19, 2020 | [–]

Up next: DuPont acquires Discord, ExxonMobil acquires Bumble, McKesson acquires Niantic/Pokemon Go...

sg47 on Aug 19, 2020 | | [–]

Tiktok will be made to run on Oracle Cloud and Oracle can point to that to grow their Cloud business.

pmontra on Aug 19, 2020 | [–]

If the President of the USA told a US gas company to buy TikTok they would buy TikTok. That's the business need.

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