1. Trump signed an order allowing TikTok's transfer to US ownership. 2. Oracle will lead the US operation and control TikTok's algorithm. 3. The new TikTok is valued at $14bn, significantly lower than ByteDance. 4. Deal resolves national security concerns about data access by China. 5. TikTok is essential for American social media dominance, impacting Oracle.
Oracle's involvement in TikTok positions it strongly in social media and cloud services; historical examples include Amazon's rise with cloud computing. Similar acquisitions have boosted companies significantly, e.g., Microsoft's acquisition of LinkedIn.
The TikTok deal is pivotal for Oracle, potentially increasing its market share and influence in cloud computing. The regulatory environment may also reshape tech investments, enhancing Oracle's position.
Long-lasting influence expected as TikTok grows, like Facebook post-acquisition. Recent user trends suggest increasing engagement with TikTok, benefiting Oracle's long-term prospects.