CNBCのインスタグラム(cnbc) - 9月14日 23時30分


🚨 BREAKING. 🚨⁠

Oracle on Monday confirmed it has struck a deal with TikTok-owner ByteDance, weeks after the Trump Administration ordered a TikTok divestiture in the U.S. The deal proposal still needs to be approved by the U.S. government.⁠

Treasury Secretary Steven Mnuchintold CNBC on Monday morning that the U.S. government plans to review the deal this week. ⁠

Depending on how the deal works out, it might make Oracle more visible to young consumers and give it control over a prominent advertising venue. And it could boost Oracle’s cloud business. Microsoft, which competes with Oracle in cloud computing and database software, was also interested in the social-media asset. But Microsoft’s bid was rejected, and the company announced it had withdrawn from the process on Sept. 13.⁠

Full story: Link in bio. (with @Fang)


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