Cloud giant Oracle has claimed a potential ban on TikTok in the US could significantly impact its business financially. In its latest annual report, released for the 12 months ending May 31 to the ...

But in a U.S. economy without TikTok, the company would be forced to shoulder some losses. One Wall Street bank provided an estimate as to exactly how much the TikTok ban would hurt Oracle.

President Donald Trump says if a deal is not reached and TikTok faces a ban in the US, he will extend the deadline in hopes ...

Database giant Oracle ... business with TikTok, beginning in September. TikTok owner Bytedance has also been ordered to sell TikTok's US operations by November, or face an outright ban in the ...