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TikTok sale to Oracle, Walmart shelved as US government reviews case - report

2021-02-11 08:29:00| Telecompaper Headlines

(Telecompaper) The US government plan to force the sale of TikTok's American operations to a group including Oracle and Walmart has been shelved indefinitely,...

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Oracle Lured to Texas by Lower Payrolls and Labor Pool

2020-12-21 14:09:00| National Real Estate Investor

Oracle has a campus in Austin, opened in 2018 to local fanfare, which it said could eventually house as many as 10,000 workers.

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Oracle Moves Headquarters to Texas, Joining Valley Exodus

2020-12-14 14:01:00| National Real Estate Investor

The move comes amid Oracles drive to shed costs during a transition from traditional software to cloud computing.

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US President Trump approves Oracle, Walmart deal with ByteDance for TikTok

2020-09-21 09:19:00| Telecompaper Headlines

(Telecompaper) US President Donald Trump has given his approval to the proposed deal between ByteDance, Oracle and Walmart for TikTok's US operations. The announcement was made on 19 September, a day after the US Commerce Department issued an order prohibiting business with WeChat and TikTok in order to protect national security. The ban on TikTok was subsequently delayed until 27 September, should the deal not go through, Secretary of Commerce Wilbur Ross said.

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