Oracle Is in Talks To Acquire Tiktok’s U.S. Operations, Challenging Microsoft.
It is reported that $Oracle (ORCL.US)$ is weighing a potential bid for part of TikTok’s business, seeking to rival $Microsoft (MSFT.US)$ in the race to acquire the viral video streaming app.
Oracle increased by 3.87% in today's premarket trading. Oracle has a history of being acquisitive but has slowed down on large deals in recent years.Are you optimistic about this acquisition?
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Abhi Kumar : oracle is sinking.
Popular on moomoo OP Abhi Kumar : Not sure, maybe it is the winner.
70139739 : Oracle in talks with gaming Ampere ?