Oh yes, PLEASE do
If there's any company that can kill TikTok faster than Microsoft with sheer boomer corporate uncoolness and evil suit stupid, it's Oracle.
(I know it'd only be the US operations, but you take what you can get).
Database and ERP giant Oracle is reportedly preparing a counter-bid to upset Microsoft’s planned purchase of video-sharing social network TikTok. The Financial Times, quoting “people briefed on the matter,” reports that Oracle has had talks with TikTok owner ByteDance, plus investors that already have a stake in TikTok. The …
Whoever wins any takeover deal - in this dick waving contest - deserves to spaff $20, 30, 30, 50bn (shareholder value) up the wall - and get absolutely everything that is coming to them m.
Tik-Tok is worthless 2000-era Tech crash grade junk.
Bring on the Schadenfreude writ large.
Xi Jungping must be pissing himself at this Chinese Pyramid scheme.
I still don't understand how Trump and the US can dictate that Bytedance have to sell their Canada, Australia and New Zealand operations as well as their US one?
I am guessing this means that in the ROW TikTok will still be owned by China? If that is the case what happens if someone has the Chinese owned version of the app installed and then goes to visit USA, Canada, Australia or New Zealand after its been purchased by MS or Oracle etc?
Fast forward 10 years when TikTok is worth 1/4 of its purchase price. MS sues the sellers for over valuing the company that they bought quick for an inflated price because they thought Larry wanted it.
Just like Ebay, ghost bidders connected to the seller up the bid price with no intention of buying the item. (allegedly, M'laud)
Trump could Huawei TikTok but one of the sane election advisors convinced him that having millions of young American voters pissed at him might not be the best thing. Hence the sell it order and the post election deadline.
But then the only bidder turned out to be M$ which has irritated Trump too many times.
I suspect the conversation went something like this:
Donny - Larry, could you do me a favor and outbid Microsoft for this ticky thing?
Larry - Sure Donny but you owe me one.
Donny - No problem. Even if the lefties win I'll have months to remember my friends.
"Hi, I'm Larry Ellison. You might know me as the purveyor of database, enterprise resource planning, general ledger and human resource management software, and oh, I also own this popular mobile app that shares short videos among teen-agers."