Posts filtered by tags: Oracle[x]


Why advertisers are betting on retailers like Kroger and CVS

Hi and welcome to this weekly edition of Insider Advertising, where I get into the big stories in media and advertising.If you're not a subscriber, sign up here to get this in your inbox daily. Noam Galai/Getty Images Why advertisers are betting on retailers like Walmart and CVS The pandemic has been a boon to marketers that sell essential items and invested early in e-commerce. And it's also been a boon to retailers like Walmart and Target that realized they could use their sites to se...
Tags: Google, Amazon, Media, Advertising, US, Barack Obama, Trends, Walmart, CWA, Instacart, Oracle, Cvs, WPP, Nordic, Kroger, Patrick

Walmart said 'ekejechb ecehggedkrrnikldebgtkjkddhfdenbhbkuk' about investing in TikTok, and it's a sign of how frenzied the saga has become

Reuters Walmart included a massive, nonsensical typo in its news release about the TikTok deal over the weekend.  When discussing Oracle's role as TikTok's new cloud provider, the company included this sentence: "This unique technology eliminates the risk of foreign governments spying on American users or trying to influence them with disinformation.ekejechb ecehggedkrrnikldebgtkjkddhfdenbhbkuk." Walmart and Oracle received tentative approval from President Donald Trump to acquire 20% of ...
Tags: Microsoft, US, Trends, Tech, Walmart, New Zealand, Donald Trump, Oracle, Trump, Tech Insider, Avery Hartmans, Reuters Walmart, Bytedance, Tiktok, TikTok acquisition, TikTok Global

China says it won’t approve TikTok sale, calls it ‘extortion’

The September 20 deadline for a purported TikTok sale has already passed, but the parties involved have yet to settle terms on the deal. ByteDance and TikTok’s bidders Oracle and Walmart presented conflicting messages on the future ownership of the app, confusing investors and users. Meanwhile, Beijing’s discontent with the TikTok sale is increasingly obvious. China has no reason to approve the “dirty” and “unfair” deal that allows Oracle and Walmart to effectively take over TikTok based on “...
Tags: Google, Asia, Washington, Government, China, Tech, Walmart, Beijing, Tencent, Chinese communist party, Huawei, Oracle, Trump Administration, Bytedance, China s Commerce Ministry, Tiktok

TikTok, WeChat and the growing digital divide between the U.S. and China

Over the past decade, the dynamic between Chinese and United States tech companies has undergone dramatic shifts. Once seen as a promising market for American companies, that narrative flipped as China’s tech innovation and investment power became increasingly evident, and the expanding reach of the Chinese Communist Party’s cybersecurity regulations fueled concerns about data privacy. For years, however, there still seemed to be room for a flow of ideas between the two countries. But that promi...
Tags: Google, TC, Facebook, Apps, Mark Zuckerberg, Hong Kong, Microsoft, Washington Post, Youtube, China, Singapore, India, US, America, Tech, Walmart

Daily Crunch: This TikTok deal is pretty confusing

Companies send out conflicting messages about the TikTok deal, Microsoft acquires a gaming giant and the WeChat ban is temporarily blocked. This is your Daily Crunch for September 21, 2020. The big story: This TikTok deal is pretty confusing This keeps getting more confusing. Apparently TikTok’s parent company ByteDance has reached a deal with Walmart and Oracle that will allow the Chinese social media app to continue operating in the United States, and the deal has been approved by Donald...
Tags: Social, Mobile, Apps, Microsoft, China, US, San Francisco, Tech, Walmart, United States, Ireland, Zynga, Donald Trump, Oracle, Bethesda, Michael Carter

Trump Says ByteDance Can't Keep Control of TikTok in Oracle Deal

President Donald Trump said he might rescind his tentative blessing for a deal between Oracle and ByteDance to create a new U.S.-based TikTok service, casting doubt on the agreement as Chinese state media signaled reluctance in Beijing. From a report: Speaking in an interview on Fox News on Monday, Trump said he wouldn't approve the deal if the Chinese company retains control of TikTok. However, he also indicated that he expected Chinese influence to be diluted by a future public offering of the...
Tags: China, Tech, Beijing, Fox News, Donald Trump, Oracle, Trump, Global Times, Hu Xijin, TikTok However

Equity Monday: The TikTok mess, and a grip of neat European VC activity

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest big news, chats about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You can follow the show on Twitter here and myself here — and don’t forget to check out last Friday’s episode. What a busy morning. We had to cover TikTok ....
Tags: Apple, Fundings & Exits, Startups, London, China, US, Walmart, Eu, Oracle, Babbel, Trump, Nikola, Trevor Milton, Equity podcast, Bytedance, Tiktok

TikTok owner ByteDance is reportedly eyeing a $60 billion valuation for TikTok Global

Tolga Akmen/AFP/Getty Images; Clancy Morgan/Business Insider TikTok's owner ByteDance is reportedly seeking a valuation of $60 billion for its US operations.ByteDance reached an agreement with Oracle and Walmart this weekend, under which both companies will take a 12.5% and 7.5% share respectively in the Chinese firm. Both companies will pay a combined $12 billion if the asking price is met. The US initially planned to ban TikTok from Apple and Google's stores on Sunday. The decision has n...
Tags: Apple, Google, Hong Kong, Microsoft, China, US, Trends, Markets, Walmart, Bloomberg, United States, Donald Trump, Goldman, Oracle, Cnbc, Tolga Akmen

10 things in tech you need to know today

SAUL LOEB/AFP via Getty Images Good morning! This is the tech news you need to know this Monday. Sign up here to get this email in your inbox every morning.Oracle announced it will become a minority investor in TikTok Global after President Trump indicated his approval. In a statement Saturday evening, TikTok confirmed the news and said it was also working with Walmart on a commercial partnership.The US decided to postpone its ban on TikTok downloads after parent firm ByteDance reached agr...
Tags: Apple, Google, Europe, UK, US, Barack Obama, Trends, Walmart, Eu, Commerce, Bill Gates, Mitch McConnell, Jack Ma, Oracle, Alexa, Nordic

With New Security and Free Internet Issues, What Did the TikTok Deal Really Achieve?

Though the U.S. government averted a shutdown of TikTok through a new Oracle/Walmart partnership, that leaves much bigger questions unresolved. The biggest issue may be that banning apps "defeats the original intent of the internet," argues the New York TImes. "And that was to create a global communications network, unrestrained by national borders." "The vision for a single, interconnected network around the globe is long gone," Jason Healey, a senior research scholar at Columbia University's S...
Tags: New York, Microsoft, Stanford, China, America, Tech, Walmart, Beijing, United States, Times, Oracle, Trump, Hoover Institution, Jason Healey, Mr Trump, Zhang Yiming

Instagram is working to open up messaging to third parties

Hi! Welcome to the Insider Advertising daily for September 21. I'm Lauren Johnson, a senior advertising reporter at Business Insider. Subscribe here to get this newsletter in your inbox every weekday. Send me feedback or tips at [email protected]'s news: Instagram eyes big push into messaging with API, Oracle becomes a minority investor in TikTok, and how big brands are taking marketing in-house. Instagram chief Adam Mosseri Justin Sullivan/Getty Images Instagram is b...
Tags: Google, Facebook, Hollywood, Instagram, Nbc, China, US, Trends, CMO, Netflix, Oracle, Forrester, Trump, Manhattan New York, Coors, Tony Weisman

TikTok Announces Deal With Oracle and Walmart, Trump Approves

Just hours before new app downloads would be banned in the United States, Vanessa Pappas, the interim head of TikTok, announced on Saturday that the company has reached a proposal with Oracle and Walmart that will keep the video sharing platform alive in the country. The deal has also been approved by President Donald Trump, reports Bloomberg. The deal will effectively establish a new company, TikTok Global, in which Oracle and Walmart can together take up to a 20 percent stake in. TikTok Glo...
Tags: Apple, Google, China, US, Walmart, Bloomberg, United States, Donald Trump, Oracle, Tencent Holdings, Trump, U S Commerce Department, Pappas, CFIUS, Walmart Trump, Tiktok

The ban on TikTok downloads has been postponed by one week after Trump gave his 'blessing' to a deal with Oracle and Walmart

US President Donald Trump said he's given the TikTok-Oracle deal his blessing. NICHOLAS KAMM/AFP via Getty Images The US is officially postponing the ban on TikTok downloads it said would come into force on Sunday. Secretary of Commerce Wilbur Ross said in a statement Saturday that "recent positive developments" meant the deadline for the ban has now been moved to 11:59 p.m. on September 27. It came the same day Trump told reporters he had given his "blessing" to a deal between TikTok ...
Tags: Apple, Google, News, China, US, Trends, Walmart, Commerce, Ban, Donald Trump, Oracle, Trump, Ministry of Commerce, Tech Insider, Wilbur Ross, Bytedance

Trump Says He Approves TikTok Sale To Silicon Valley’s Oracle

(CNN) — President Donald Trump said Saturday he has approved a deal between TikTok’s parent company, ByteDance, and Oracle, temporarily averting a ban on TikTok in US app stores. The Commerce Department confirmed in a statement Saturday evening that it would delay — by one week — restrictions that were originally to take effect on Sunday. ByteDance will continue to be majority owner of TikTok under the agreement Trump said he approved, according to a person familiar with the matter. Speaking to ...
Tags: Apple, Business, Politics, Texas, Technology, US, California News, Tech, Walmart, Cnn, Larry Ellison, Silicon Valley, US Treasury, Donald Trump, Oracle, Trump

Trump administration’s WeChat ban is blocked by U.S. district court

A few days ago, the U.S. Commerce Department published a series of rules that aimed to block the downloading of TikTok and WeChat by American users, following an executive order signed by President Trump back in August. TikTok got a last minute reprieve yesterday following its signing of an investment and cloud services deal with Oracle and Walmart, which delayed the implementation of its download ban at least for a week. However, WeChat was effectively going to be shut down today, with a ban...
Tags: Apps, Australia, Government, China, US, San Francisco, Tech, Walmart, Policy, United States, Commerce, Tencent, WeChat, Oracle, Tencent Holdings, Trump

Oracle's Plan to Keep Java Developers from Leaving for Rust and Kotlin (slashdot)

ZDNet reports: Oracle has released version 15 of Java, the language created 25 years ago by James Gosling at Sun Microsystems, which Oracle snapped up in 2009 for about $7.4bn to gain what it said was the "most important software Oracle has ever acquired". Java 15, or Oracle Java Development Kit (JDK) 15, brings the Edwards-Curve digital signature algorithm, hidden classes, and former preview features that have been finalized, including text blocks, and the Z Garbage Collector, while the sealed-...
Tags: Google, Python, News, Microsoft, Tencent, Oracle, Datadog, Sun Microsystems, TIOBE, Zdnet, James Gosling, Kotlin, EditorDavid, Omdia, Amazon IBM Intel NTT Data Red Hat SAP

Last-Minute TikTok Deal Averts Shutdown

"President Donald Trump said Saturday he's given his 'blessing' to a proposed deal that would see the popular video-sharing app TikTok partner with Oracle and Walmart and form a U.S. company," reports CBS News: Mr. Trump has targeted Chinese-owned TikTok for national security and data privacy concerns in the latest flashpoint in the rising tensions between Washington and Beijing. The president's support for a deal comes just a day after the Commerce Department announced restrictions that if put ...
Tags: Australia, Washington, Cbs News, Tech, Walmart, Beijing, Cbs, Donald Trump, Oracle, Trump, Commerce Department, Tiktok, TikTok Oracle, Texas TikTok, Today America s Treasury Department

The TikTok deal solves quite literally nothing

Well… that was pointless. After debasing the idea of free commerce in the U.S in the name of a misplaced security concern, stringing along several multi-billion dollar companies that embarrassed themselves in the interest of naked greed, and demanding that the U.S. government get a cut of the profits, the TikTok saga we’ve been watching the past few weeks finally appears to be over. A flurry of announcement late Saturday night indicate that the TikTok deal was actually a politically-oriented ...
Tags: TC, Asia, Microsoft, Congress, Government, China, Tech, Walmart, Policy, Beijing, United States, Commerce, Donald Trump, Oracle, Trump, Commerce Department

Oracle's Plan to Keep Java Developers from Leaving for Rust and Kotlin

ZDNet reports: Oracle has released version 15 of Java, the language created 25 years ago by James Gosling at Sun Microsystems, which Oracle snapped up in 2009 for about $7.4bn to gain what it said was the "most important software Oracle has ever acquired". Java 15, or Oracle Java Development Kit (JDK) 15, brings the Edwards-Curve digital signature algorithm, hidden classes, and former preview features that have been finalized, including text blocks, and the Z Garbage Collector, while the sealed-...
Tags: Google, Python, Microsoft, Tech, Tencent, Oracle, Datadog, Sun Microsystems, TIOBE, Zdnet, James Gosling, Kotlin, Omdia, Amazon IBM Intel NTT Data Red Hat SAP

Oracle announces it will become a minority investor in TikTok Global after Trump indicates his approval

Reuters Oracle announced Saturday it will become a minority investor in TikTok's global business, and will be its designated its "trusted technology provider." The news is the latest development in the saga of TikTok, the viral video app which was pressured into selling itself to a US-based company amid national security concerns over the app's ties to China. On Friday, Trump signed an executive order that would ban new downloads of TikTok and popular chat and commerce app WeChat, effecti...
Tags: Google, Enterprise, White House, China, US, Trends, Walmart, Donald Trump, Oracle, Trump, Amazon Microsoft, Tech Insider, Tiktok, TikTok acquisition, TikTok Global, Reuters Oracle

Trump backs proposed deal to keep TikTok operating in US

By STAN CHOE | AP Business Writer NEW YORK — President Donald Trump said Saturday he’s given his “blessing” to a proposed deal that would see the popular video-sharing app TikTok partner with Oracle and Walmart to become a US company. Trump has targeted Chinese-owned TikTok for national security and data privacy concerns. The announcement comes just a day after the Commerce Department announced restrictions that if put in place could eventually make it nearly impossible for TikTok fans to use th...
Tags: Facebook, Business, Politics, New York, Texas, Technology, News, Instagram, China, US, Walmart, Sport, Social-media, Soccer, United States, Commerce

President Trump reportedly has approved the Oracle deal for TikTok’s US operations

President Donald Trump said has has given his stamp of approval “in concept” on the Oracle bid for the U.S. operations of the wildly popular social media app, TikTok, according to a report from Bloomberg. According to the Bloomberg report Trump said, “I have given the deal my blessing,” as he left the White House for a campaign rally in North Carolina on Saturday. “I approved the deal in concept,” Trump reportedly said. The spinout of TikTok’s U.S. operations from its parent company Byte...
Tags: TC, Texas, Technology, Instagram, White House, China, US, Los Angeles, Tech, Bloomberg, Companies, Software, United States, Telecommunications, Aclu, President

This Week in Apps: iOS 14’s surprise arrival, Apple’s app bundle, TikTok & WeChat banned from app stores Sunday

Welcome back to This Week in Apps, the TechCrunch series that recaps the latest OS news, the applications they support and the money that flows through it all. The app industry is as hot as ever, with   204 billion downloads and $120 billion in consumer spending in 2019. People are now spending three hours and 40 minutes per day using apps, rivaling TV. Apps aren’t just a way to pass idle hours — they’re a big business. In 2019, mobile-first companies had a   $544 billion valuation, 6.5x higher ...
Tags: Apple, Google, Google Play, TC, Facebook, Apps, Spotify, Instagram, Microsoft, Youtube, China, India, Tech, Walmart, United States, Epic

Commerce Department To Ban TikTok, WeChat Downloads In U.S.

(CNN) — The Commerce Department plans to restrict access to TikTok and WeChat on Sunday as the Trump administration’s executive orders against the two apps are set to take effect. The Department said Friday that as of Sunday, any moves to distribute or maintain WeChat or TikTok on an app store will be prohibited. Apple and Google didn’t immediately respond to requests for comment. While users who have already downloaded the apps may be able to continue using the software, the restrictions mean u...
Tags: Apple, Google, Business, Politics, Technology, China, US, Tech, Cnn, Commerce, Tencent, WeChat, Chinese communist party, Oracle, Ross, Trump

Trump's ban on TikTok is another move in the 'tug-of-war' between the US and China that may send the Oracle deal back to the drawing board, experts say

Reuters The US Commerce Department said on Friday that it would prohibit downloads of TikTok and WeChat beginning September 20. The move comes after Oracle and TikTok announced a proposal for the enterprise tech giant to become TikTok's "trusted technology provider" in the US. But experts say the move to ban TikTok suggests that the involved parties are not happy with the deal. That could send the deal back to the drawing board, some experts say. Trump is said to have been pushing for US ...
Tags: Google, Facebook, Politics, News, White House, China, US, Trends, Tech, Cybersecurity, Beijing, United States, WeChat, Wall Street Journal, Oracle, Journal

While TikTok is getting the most attention, Trump's ban will eviscerate WeChat, which serves as a lifeline to China for the app's millions of US users

A WeChat logo is displayed in Guangzhou, China. Bobby Yip/Reuters The Trump administration will ban the use of chat and payments app WeChat for users in the US beginning September 20.  The ban is part of an order from the US Commerce Department that will prohibit new downloads and app updates of WeChat and video app TikTok over fears that the apps' user data can be accessed by the Chinese government.  But the ban has far-reaching implications for WeChat: While TikTok will still be usable i...
Tags: Apps, China, US, Trends, Tech, Ben Thompson, Tencent, WeChat, Oracle, App Annie, Trump, Reuters, Guangzhou, Commerce Department, US Commerce Department, Tech Insider

Trump To Ban US TikTok and WeChat App Store Downloads on September 20

The US Commerce Department has issued a new order to block people in the US from downloading the popular video-sharing app TikTok as of September 20th, Reuters first reported Friday. From a report: The full order was published by the Department of Commerce on Friday morning. "Any transaction by any person, or with respect to any property, subject to the jurisdiction of the United States, with ByteDance Ltd," the order reads, "shall be prohibited to the extent permitted under applicable law." It ...
Tags: Microsoft, US, Tech, United States, Oracle, Trump, Reuters, Department of Commerce, US Commerce Department, Bytedance, Bytedance Ltd, TikTok Global

TikTok, WeChat to be taken off US app stores from Sunday

The US Department of Commerce has announced that it would be prohibiting TikTok and WeChat from being available on app stores in the country from September 20 (Sunday). This means both the Google Play Store and Apple’s App Store will have to remove the apps from their library. Additionally, US companies have been prohibited from using WeChat for the purpose of “transferring funds or processing payments within the US”. The development comes even as the US government is yet to announce whether or ...
Tags: Travel, Apple, Google, News, Microsoft, China, India, US, Cnn, United States, Commerce, WeChat, App Store, Donald Trump, Oracle, Ross

People are scrambling to download TikTok after the Trump administration issued an order banning it from app stores

TikTok Photo by Jens Kalaene/picture alliance via Getty Images People are rushing to download TikTok after the Trump administration announced that the app would be banned from app stores by Sunday, Sept. 20. The app shot up to the second slot on the Apple App Store charts Friday morning following the announcement. According to the Trump administration's announcement, people will no longer be able to download TikTok or its updates after Sunday, and US companies will no longer be able to hos...
Tags: Apple, Google, US, Trends, Tech, Commerce, App Store, Oracle, Ross, Apple App Store, Trump, Bianca, Tech Insider, Wilbur Ross, App Annie Downloads, Tiktok

US trade mixed as traders mull the pace of economic recovery

REUTERS/Brendan McDermid US stocks traded mixed on Friday as investors looked for signs of new stimulus amid the slowing economic recovery.Congress continues to face major hurdles in passing a second fiscal aid package. Still, the White House indicated on Thursday it's willing to back a $1.5 trillion spending bill, an increase from its previous $1.3 trillion target.Tech stocks gained but failed to erase their heavy Thursday losses.Watch major indexes update live here.US equities traded mix...
Tags: Microsoft, Congress, White House, US, Trends, Tech, Markets, House, Treasury, Libya, Oil Price, Goldman Sachs, Stock Market, Oracle, Dow Jones, Gold Price

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