Oracle fears US TikTok ban will dent its cloud profits

ByteDance may not be the only company hurt by a US ban on TikTok: Oracle put a warning in its recently filed annual report that such a move could hit its revenue and profits as a provider of hosting services. The US Senate passed a bill back in April that aims to force the China-based owner of the video-serving social media …

[Doctor Syntax]

No doubt they were looking forward to auditing TikTok users.

[Will Godfrey]

Quick Quick

Somebody fetch the worlds smallest violin.

[Mark Exclamation]

Double the benefit...

Tik Tok shut down (its existence is a waste of natural resources)

Oracle hit where it hurts.

What's there to dislike?

[UnknownUnknown]

Re: Double the benefit...

Plus Facebook, Instagram, Xittee etc. also a waste of human endeavour ?!

Plus repeal the unconstitutional FISA snooping. Surely the SCOTUS should be sniffing around that, and not asinine interpretations of post-medieval law.

[Locomotion69]

Why is that a problem? Less income? Just go out and charge more unsuspecting Java users.....