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Oracle provides cloud infrastructure for TikTok, which has over 120 million users in the U.S. A U.S. ban of TikTok might hurt Oracle 's business, the software company acknowledged in its annual ...
(Bloomberg) -- Oracle Corp. warned investors that a new law potentially banning TikTok in the US threatens to hurt its financial results.Most Read from BloombergSupreme Court Poised to Allow ...
Oracle warns TikTok ban could hurt earnings Provided by Dow Jones Jun 25, ... China's ByteDance said in April, a day after the legislation was signed, that it won't sell TikTok's U.S. business.
Oracle acknowledged in its annual report that a U.S. ban on TikTok could hurt its business. Oracle is a provider of cloud infrastructure for TikTok, which has more than 150 million users in the U.S.
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 ...
Oracle says US ban of TikTok would hurt its profits By . Thomas Barrabi. Published June 25, 2024, ... Trending Now in Business This story has been shared 18,882 times. 18,882.
A U.S. ban of TikTok might hurt Oracle's business, the software company acknowledged in its annual report on Monday. 📺 Los Angeles news 24/7: Watch NBC4 free wherever you are ...
Oracle Corp. warned investors that a new law potentially banning TikTok in the US threatens to hurt its financial results. The law signed by President Joe Biden in April “will make it unlawful ...
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 ...
Oracle Corp has warned that a ban of TikTok in the U.S. could cut into the software giant's earnings. The Texas-based technology company said in a regulatory filing that a new law that could ban ...
Oracle said a ban on TikTok in the U.S. could hurt revenue and profit. In April, President Joe Biden signed a bill demanding that ByteDance sell TikTok in nine months, or one year if an extension ...
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