1. Oracle, Silver Lake, and Andreessen Horowitz will control TikTok's U.S. operations. 2. The group will hold an estimated 80% stake in the new company. 3. Oracle will manage user data from its Texas facilities under the deal. 4. The TikTok board will consist mainly of U.S. members and one government appointee.
Oracle's controlling stake in TikTok could enhance revenue, similar to past technology acquisitions boosting stock prices. Control over user data is strategically important and may lead to significant growth.
This move places Oracle at the forefront of social media data management, suggesting a strategic pivot that could attract investment interest.
The establishment of this controlling stake sets Oracle up for continuous revenue from the platform long-term, analogous to Amazon's growth trajectory following its investments in diverse sectors.