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The Jeff Bezos Academy is in session, and the history curriculum is courtesy of Larry Ellison

Hello, and welcome to this Wednesday's edition of the Insider Tech newsletter, where we break down the biggest news in tech.If you're not already subscribed, click here to get Insider Tech in your inbox every week.  This week: The Jeff Bezos School is in session, and American history is brought to you by Larry Ellison Larry Ellison Business Insider What if our kids' schools were run the same way Amazon's business is run?That might sound like the set-up for a snarky joke or a sound bite f...
Tags: Google, Amazon, Enterprise, Microsoft, America, Trends, Walmart, United States, Larry Ellison, Silicon Valley, Jeff Bezos, Seattle, Donald Trump, Wall Street Journal, Ellison, IVP


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 Is NOT Banning TikTok Because This Comedy Is TOO GOOD TO BAN!!

Okay, TikTok not getting banned has less to do with its comedy and more to do with politics and money - BUT I’M SO HAPPY THE APP IS HERE TO STAY SO WE CAN CONTINUE TO WATCH THESE CREATORS SUCCEED Not to start off on a totally dark note, but I wish Trump cared as much about the pandemic as he does about TikTok. So... Trump was able to force TikTok to divest to a U.S. company in 90 days with no real evidence that TikTok was actually a national security threat, but we’re 7 months and 200K ...
Tags: Instagram, Microsoft, China, Walmart, Larry Ellison, Humor, Associated Press, Oracle, Trump, Bella, Ian, Tosh, Chris Olsen, Trump Administration, Manon Mathews, Ian Paget


Trump says he's given his 'blessing' to a proposed TikTok deal with Oracle and Walmart

President Donald Trump speaks to the media on the South Lawn of the White House in Washington, before his departure on campaign travel to Fayetteville, North Carolina, U.S., September 19, 2020. Reuters/Yuri Gripas President Donald Trump said Saturday he had approved "in concept" a deal between Oracle and Walmart for TikTok's US operations. The details of the deal remain hazy, but Trump said he believed the deal had addressed his national security concerns. "I have given the deal my blessin...
Tags: Politics, News, Washington, White House, China, US, America, Trends, Walmart, United States, Larry Ellison, Donald Trump, Oracle, Trump, Reuters, Fayetteville North Carolina


Trump reportedly still wants U.S. government to get paid in proposed TikTok sale

President Donald Trump reportedly spoke to Oracle Chairman Larry Ellison about a possible payment to the U.S. government in the proposed deal to acquire TikTok.
Tags: News, Trends, Social Media, Walmart, Larry Ellison, Donald Trump, Oracle, Trump, President Donald Trump, Tiktok, Breaking Twitter


Trump reportedly pushed again for a cut of the TikTok deal in a call with Oracle chairman Larry Ellison and Walmart CEO Doug McMillon

AP Photo/Matt Rourke President Donald Trump discussed the pending TikTok deal with Oracle co-founder Larry Ellison and Walmart CEO Doug McMillon in a phone call Friday, Bloomberg reported. On the call, Trump told Ellison and McMillon that he's still pushing for the US government to be paid as part of the deal, according to Bloomberg. The president has repeatedly made the argument, even though he acknowledged Wednesday that government lawyers had advised him there was "no legal path" for s...
Tags: Microsoft, US, Trends, Social Media, Walmart, Bloomberg, Larry Ellison, Donald Trump, Ellison, Oracle, Trump, Commerce Department, US Treasury Department, US Commerce Department, Doug McMillon, McMillon


TikTok is racing to finalize a deal that could give Oracle and US investors a majority stake in the app. Here's what we know about the bid that could save TikTok from a US ban.

TikTok; Samantha Lee/Business Insider The future of popular video app TikTok remains uncertain as the Trump administration threatens another ban.  The US Department of Commerce said on Friday it would ban new downloads and software updates of TikTok starting September 20, and then ban TikTok completely on November 12 if no deal were reached to allay the administration's concerns about the app's ties to China. The Treasury Department and TikTok parent ByteDance have reportedly reached a te...
Tags: Enterprise, Media, Microsoft, China, Advertising, US, Trends, Walmart, Bloomberg, Beijing, Missouri, Larry Ellison, Treasury, National Security, US Treasury, Republican


Oracle, TikTok, and the Trump administration have reportedly 'tentatively' reached a deal. Here's everything we know about the partnership that could save TikTok from Trump's threats of a US ban.

Reuters The Treasury Department, ByteDance, and Oracle have reportedly "tentatively" agreed on the terms of a deal in which Oracle would become TikTok's "trusted technology provider" in the US. No details have been made official, but reports indicate the deal is a far cry from President Donald Trump's early demands that TikTok's Chinese parent company sell off its US operations. According to CNBC, Oracle will take a 20% stake in a US-headquartered TikTok entity, and will host millions of ...
Tags: Enterprise, Media, Microsoft, China, Advertising, US, Trends, Walmart, Bloomberg, Beijing, Missouri, Larry Ellison, Treasury, National Security, Republican, Donald Trump


20 quotes from self-made billionaires that will change your outlook on money

Oprah Winfrey has some advice for you. AP/Themba Hadebe Anyone can build wealth, but your beliefs about money can affect how much wealth you'll build. Just consider the world's self-made billionaires — they got where they are today because of their attitudes toward money and success. These quotes about money from self-made billionaires are sure to inspire you. Visit Business Insider's homepage for more stories. Building wealth is possible regardless of your financial situation or education...
Tags: Google, Quotes, Facebook, Mark Zuckerberg, Money, Microsoft, Washington Post, Ebay, Life, San Francisco, Trends, Strategy, Wealth, Features, Larry Page, Sheldon Adelson


Five weird thought experiments to break your brain

Thought experiments are quite popular, though some get more time in the sun than others. While they are supposed to help guide our intuition to help solve difficult problems, some are a bit removed from reality. Can we trust the intuitions we have about problems set in sci-fi worlds or that postulate impossible monsters? Despite the reported unpopularity of philosophy, its thought experiments are extremely popular tools for helping people understand how they look at the world. Famous examples, ...
Tags: Science Fiction, Identity, Earth, Larry Ellison, Innovation, Oscar, Philosophy, Utopia, Mind, Ellison, Pascal, Bioethics, Peter Singer, Davidson, Putnam, XYZ


Here's what we know about Oracle's bid to become TikTok's 'trusted technology provider' and potentially save it from Trump's threats of a US ban

Reuters The US government is expected to review a deal where Oracle would become TikTok's "trusted technology provider" in the US. No details have been made official, but reports indicate the deal is a far cry from President Trump's early demands that TikTok-parent ByteDance sell off its US operations. However, the deal's framework does seem to satisfy some of the national-security concerns the US government has long raised. Here's what we know, what's been reported, and what questions we...
Tags: Enterprise, Media, Microsoft, China, Advertising, US, Trends, Walmart, Beijing, Missouri, Larry Ellison, Treasury, National Security, The Wall Street Journal, Donald Trump, Wall Street Journal


Trump to approve Oracle Tiktok deal Tuesday: CNBC

The arranged deal in which Donald Trump's political ally and campaign donor Larry Ellison and his company Oracle become the sole U.S. technology provider to Tiktok, from China's ByteDance, is reportedly getting Trump's approval today. The Oracle-Tiktok deal will be announced by the White House on Tuesday afternoon, CNBC reported on Tuesday morning, citing sources. More at CNBC, and Reuters. Larry Ellison's Oracle wants to acquire TikTok: Report TikTok admits secretly b...
Tags: Post, Business, Technology, White House, China, Russia, Tech News, Larry Ellison, Donald Trump, Oracle, Cnbc, Trump, Reuters, Tiktok, Oracle TikTok


TikTok owner picks Oracle over Microsoft as US tech partner

By Matt O’Brien and Tali Arbel | The Associated Press Oracle said Monday that the Chinese owner of TikTok has picked the U.S. company to be its “trusted technology provider,” beating out rival Microsoft in a deal that could help keep the popular video-sharing app running in the U.S. Oracle spokeswoman Deborah Hellinger said she was confirming remarks made by U.S. Treasury Secretary Steven Mnuchin, who told CNBC on Monday that TikTok’s parent company, ByteDance, submitted its proposal to the U.S....
Tags: Amazon, Facebook, Hong Kong, Microsoft, California, White House, China, Disney, US, Walmart, Sport, Delta Airlines, Soccer, United States, Larry Ellison, Treasury


Oracle has struck a deal with TikTok to control its US operations. Take a look inside Trump's close relationship with Oracle cofounder, Larry Ellison.

Justin Sullivan/Getty Images On Monday, US tech giant Oracle confirmed to Business Insider that it has struck a deal with ByteDance, TikTok's parent company, to control the popular social media app's US operations.  Microsoft released a statement on Sunday announcing that ByteDance, TikTok's parent company, had rejected its proposal.  President Trump has previously expressed support for Oracle's bid, calling it a "great company." Larry Ellison, the Oracle cofounder, is one of the richest...
Tags: Apple, Politics, Technology, Supreme Court, Microsoft, California, Washington Post, Life, China, Satya Nadella, Nbc News, US, Barack Obama, Trends, Bloomberg, Features


Oracle wins bid to become TikTok's 'trusted technology provider' in US

Larry Ellison and Safra Catz AP Oracle confirmed Monday it has struck a deal with ByteDance to be its "trusted technology provider" in the US. The deal, designed to allow TikTok to stay in the US, has been submitted to approval to the US government. The terms of the deal are unclear, but it appears to be an outright sale. Visit Business Insider's homepage for more stories. Oracle confirmed Monday it's agreed to be ByteDance's "trusted technology provider" in the US, the culmination of a lo...
Tags: US, Trends, Larry Ellison, Oracle, Treasury Department, Tech Insider, Mnuchin, Bytedance, Tiktok, Paige Leskin, Safra Catz AP Oracle


Oracle Is Likely the Lucky Owner of a Slightly Used TikTok

It’s official: After a monthslong race against time, Oracle, a very American and very Trump-friendly company, has beat out Microsoft and WalMart to as the likely winner of the US portion of TikTok, CNBC .Read more...
Tags: Science, Microsoft, US, Walmart, Larry Ellison, Oracle, Trump, Tiktok, TikTok CNBC, Trade Ware


Oracle Is the Likely Winner of the Great TikTok Bake-Off

It’s official: After a monthslong race against time, Oracle, a very American and very Trump-friendly company, has beat out Microsoft and WalMart to as the likely winner of the US portion of TikTok, CNBC .Read more...
Tags: Science, Microsoft, US, Walmart, Larry Ellison, Oracle, Trump, Tiktok, TikTok CNBC, Trade Ware


Oracle has reportedly won the deal for TikTok’s US operations, beating Microsoft

Oracle has secured a deal to become the short video app’s “trusted tech partner” in the US, Wall Street Journal reported. Details about the deal aren’t clear at the moment, including whether this is an outright sale of TikTok’s US arm, including its algorithms, or whether Oracle will only manage TikTok’s US cloud operations. Microsoft, another frontrunner to acquire TikTok confirmed its bid for the TikTok’s US arm was rejected by the app’s parent, ByteDance (more on that below). Oracle’s name ha...
Tags: Travel, Usa, News, Microsoft, China, Singapore, India, US, Walmart, Atlantic, United States, Larry Ellison, Sequoia Capital, Donald Trump, Wall Street Journal, Oracle


Oracle wins bid to "partner" with Tik Tok in the U.S.

U.S. operations of Chinese social video giant Tik Tok are to be "partnered" with by Oracle, reports the Wall Street Journal. The company's bid prevailed after weeks of speculation and courting by U.S. firms, prompted earlier this summer by Donald Trump's whimsical promise to "ban" Tik Tok over security concerns. The deal is being described not as a sale but as a "partnership" in hopes of appeasing both the White House and the Chinese government, which has signaled it would not allow a full acqui...
Tags: Post, Microsoft, White House, United States, Larry Ellison, Donald Trump, Oracle, Trump, Reuters, Committee on Foreign Investment, Tik Tok, Serious Business, Bytedance, Tiktok, Journal Oracle


Oracle customers caught in the cross-hairs of Larry’s 'interesting dynamic' (the register)

But playboy CTO and Big Red plays to Wall Street types with slick sales patter The first rule of presenting club is, know your audience. Larry Ellison certainly knows his.… [Author: Lindsay Clark]
Tags: News, Larry Ellison, Cto, Larry, Lindsay Clark


Oracle customers caught in the cross-hairs of Larry’s 'interesting dynamic'

But playboy CTO and Big Red plays to Wall Street types with slick sales patter The first rule of presenting club is, know your audience. Larry Ellison certainly knows his.…
Tags: Software, Larry Ellison, Cto, Larry


China wants TikTok shut down in US, because a forced sale would make Xi look weak vs. Trump: Report

Beijing is strongly against a Trump-forced sale of TikTok's U.S. operations by Chinese owner ByteDance, and the government of China would rather that TikTok shut down all operations in United States, Reuters reports on Friday. China has previously characterized the forced sale to a U.S. based buyer as "theft." ByteDance has been in talks to sell TikTok's American business to potential buyers including Apple, Microsoft, Oracle, Twitter, and others, since Trump threatened in August to ban T...
Tags: Post, Technology, News, Washington, China, US, Tech News, Beijing, United States, Larry Ellison, Donald Trump, Oracle, WSJ, Trump, Reuters, Apple Microsoft


The career life and rise of billionaire Oracle cofounder and international playboy Larry Ellison, who dropped out of college twice and has a $75 billion fortune

Larry Ellison. Ezra Shaw/Getty Images Larry Ellison, the founder and CTO of Oracle, has a net worth of $75.7 billion, according to Forbes. But Ellison hasn't had the tech world's typical path to success. He dropped out of college twice and didn't become a billionaire until age 49. Over the years, he's built Oracle into a $170 billion behemoth whose former employees have gone on to start companies like Salesforce.  He's also become a lavish spender, owning several homes and even the entire...
Tags: Apple, Elon Musk, Enterprise, California, Steve Jobs, Washington, Life, White House, US, America, Trends, Tech, Tesla, Bloomberg, Features, Getty Images


The life of billionaire Oracle cofounder and international playboy Larry Ellison, who dropped out of college twice and has a $75 billion fortune

Larry Ellison. Ezra Shaw/Getty Images Larry Ellison, the founder and CTO of Oracle, has a net worth of $75.7 billion, according to Forbes. But Ellison hasn't had the tech world's typical path to success. He dropped out of college twice and didn't become a billionaire until age 49. Over the years, he's built Oracle into a $170 billion behemoth whose former employees have gone on to start companies like Salesforce.  He's also become a lavish spender, owning several homes and even the entire...
Tags: Apple, Elon Musk, Enterprise, California, Steve Jobs, Washington, Life, White House, US, America, Trends, Tech, Tesla, Bloomberg, Features, Getty Images


Larry Ellison abruptly pulls rug from under philanthropy foundation after two years to 'focus on COVID-19 fight'

If you received Oracle founder's support, tough. There's a pandemic on Larry Ellison's generous philanthropy is as famous as his bulging $78.2bn net worth and mahogany complexion. Well, almost.…
Tags: Software, Larry Ellison, Oracle


Trump wants to ban TikTok to keep Americans' data out of China's hands, but Microsoft and Oracle's track records suggest they could turn it over to the US government instead

The "Microsoft Advanced Patrol Platform" outfits police patrol cars with a high-tech setup that includes a variety of cameras and real-time data. SuperDroid Robots Trump wants to force the sale of TikTok to a US tech company in order to keep Americans' data out of the hands of the Chinese government.But the app's most likely buyers, Microsoft and Oracle, play a massive role in helping the US government spy on its own citizens.The companies provide a range of technologies to law enforcement ...
Tags: Politics, News, Enterprise, Microsoft, Nsa, China, Cloud Computing, US, America, Trends, Markets, Joe Biden, Analysis, Surveillance, Fbi, Artificial Intelligence


The richest people in America, ranked

Clodagh Kilcoyne/Reuters The 16 richest Americans in the Bloomberg Billionaires Index and Forbes Billionaires List are collectively worth more than $1 trillion. While tech moguls continue to dominate the top ranks, inherited wealth, like in the Walton family, also makes a strong appearance in the list.The four richest people in America are also the richest people in the world.On August 31, Elon Musk became the third-richest person in the world after Tesla stock split, causing shares to sha...
Tags: Apple, Google, Amazon, Facebook, Mark Zuckerberg, Spacex, Elon Musk, Texas, Board of Directors, Money, Microsoft, Washington Post, Life, Stanford, India, Satya Nadella


How Bill Gates Celebrated Warren Buffett's 90th Birthday

The seventh-wealthiest man in the world, Warren Buffett, turns 90 today. Famously the tycoon/philanthropist pledged to give away 90% of his wealth, founding with Bill and Melinda Gates "The Giving Pledge," a campaign urging the world's wealthiest individuals to dedicate the majority of their wealth to giving back. Over $1.2 trillion has now been pledged, with participants including Elon Musk, Ted Turner, Mark Zuckerberg and his wife Priscilla Chan, Oracle co-founder Larry Ellison, and Microsoft'...
Tags: Microsoft, Martha Stewart, Tech, Cnn, Larry Ellison, Paul Allen, Warren, Warren Buffett, Bill, Melinda Gates, Gates, Coke, Forbes, Buffett, Randy Newman, Elon Musk Ted Turner Mark Zuckerberg


SO TIKTOK ISN’T GETTING BANNED AND ACTUALLY HAS GOOD COMEDY ON IT!?

THERE’S NO WAY AN APP WITH OVER 500 MILLION ACTIVE USERS COULD HAVE ANYTHING FUNNY ON IT (sarcasm) Well, it looks like TikTok (probably) isn’t going to get banned!! Woo! SUCK IT TRUMP! To celebrate, I wanted to spotlight the three funniest accounts I came across this week: Adam Waheed, Drew Talbert and Mary-Alice Farina. When I got the go-ahead to start writing this series, my boss had concerns that we wouldn’t be able to find three new TikTok comedy creators to feature every week. I was...
Tags: Instagram, Microsoft, China, Walmart, Harvard, Larry Ellison, Humor, Vine, Jim Carrey, Will Ferrell, Trump, Adam, Talbert, Groundlings, Kevin Mayer, Trump Administration


The most unusual, extravagant ways tech executives like Larry Ellison and Elon Musk have spent their money

They've spent money on everything from a massive chunk of the state of Hawaii to the submarine car from the James Bond film "The Spy Who Loved Me."
Tags: Elon Musk, News, Hawaii, Larry Ellison, James Bond