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New York Post
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Larry Ellison's Oracle is ‘leading contender to help run TikTok' in possible sale: report

1. Oracle is a leading contender to manage TikTok amid acquisition talks. 2. Trump's executive order allows for a potential TikTok sale before April 5. 3. ByteDance wants Oracle to co-partner in a revised TikTok sale effort. 4. Concerns remain over TikTok's potential Chinese ownership post-acquisition. 5. 77% of Americans are wary of continued Chinese control over TikTok.

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FAQ

Why Bullish?

Oracle's association with a major acquisition like TikTok can enhance its market position and cloud business, following how other partnerships in tech, such as AWS with Slack, have positively impacted stock value. Additionally, past deals, like Microsoft's acquisition of LinkedIn, significantly boosted Microsoft's market trajectory.

How important is it?

The news holds significant implications for Oracle as a potential key player in the TikTok acquisition, bolstering investor interest and confidence in Oracle's strategic direction and market competitiveness.

Why Long Term?

If the acquisition proceeds, it would likely solidify Oracle's cloud position for years, similar to Amazon's sustained growth following AWS's establishment, indicating a potentially transformational impact on Oracle's business model and growth.

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