"With Donald Trump expected to sign a deal that will keep TikTok operating in the U.S., many have speculated who might benefit the most if/when this takes place. Among the biggest potential winners is Oracle (ORCL), with the company set to oversee the algorithm of the social media platform and keep the data protected from would-be hackers."
"Doug McIntyre: Oracle will almost certainly be one of the shareholders in TikTok as it comes over from China for an undisclosed amount of money right now. Looks like the Murdochs might be in there. Looks like Michael Dell might be in there. Now to me, the guys who get the great deal are Oracle because Oracle is basically gonna provide the cloud storage for this which has to be huge. They're also gonna"
Donald Trump is expected to sign a deal that will keep TikTok operating in the U.S. Oracle is poised to take a shareholder stake while providing cloud storage and overseeing TikTok’s recommendation algorithm to protect U.S. user data. Other potential investors include the Murdochs and Michael Dell. Oracle’s control of data storage and algorithm management could elevate its market position, bolster founder Larry Ellison’s influence, and create new revenue and strategic advantages for shareholders. Market commentators view TikTok ownership as highly valuable. The full impact on users, Oracle investors, and rival social-media companies remains uncertain.
Read at 24/7 Wall St.
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