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oracle

Companies 3 months ago

Billionaire Ellison offers personal guarantee for son's bid for Warner Bros

Oracle tech tycoon Larry Ellison is offering a US$40.4 billion personal guarantee to back Paramount's hostile bid for Warner Bros. Discovery, deepening a bidding war with Netflix, a statement said on Monday.

Tech 4 months ago

Meta, Oracle turn to massive debt to finance AI race

On a day when Facebook-parent Meta's share price plunged on the heels of disappointing quarterly earnings, demand for its bonds was reportedly four times greater than supply in a market keen to hold the social networking titan's debt.

Science & Tech 5 years ago

Trump gives blessing to deal to allow TikTok to continue to operate in US

US President Donald Trump said he supports a deal that will allow TikTok to continue to operate in the United States, after threatening to ban the Chinese-owned app in August.

Science & Tech 5 years ago

ByteDance picks Oracle as partner to try to save TikTok US

Oracle Corp said it would team up with China's ByteDance to keep TikTok operating in the United States, beating Microsoft Corp in a deal structured as a partnership rather than an outright sale.

Science & Tech 5 years ago

TikTok rejects Microsoft buyout offer, Oracle sole remaining bidder

Microsoft said its offer to buy TikTok was rejected, leaving Oracle as the sole remaining bidder ahead of a looming deadline for the Chinese-owned video app to sell or shut down its US operations.

Business 5 years ago

Cloud service boom will continue: Oracle

The Jakarta Post’s Eisya A. Eloksari interviewed Oracle ASEAN regional managing director Cherian Varghese on July 9 to learn more about the company’s latest developments and the trajectory of cloud adaptation in the region.