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Oracle is in talks to acquire TikTok’s U.S. operations, sources say

25 points by nodesocket 6y ago

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8jy89hui 6y ago
Pretty brutal outlook so far. TikTok either gets banned by Trump or is acquired by one of two companies who both have an outstanding reputation for killing the companies that they buy.
- avalys 6y ago
  LinkedIn, GitHub and Minecraft are all still alive and in reasonably good health.
  - nodesocket 6y ago
    Microsoft is not like the Microsoft of past. They are admittedly (coming from an Apple enthusiast) eons more acquisition friendly and technology driven (vs business driven).
  - scruffyherder 6y ago
    My danger sidekick says otherwise.
    - Closi 6y ago
      Hand on heart, do you believe Danger would still be around producing smartphones if they weren’t acquired?
      - scruffyherder 6y ago
        Yes, they could have had a chance too expand the platform and evolve. The sidekick also ran NetBSD, they weren’t crippled with crappy embedded OS like other devices of the time.
- ephemeralism 6y ago
  Or the third option, it doesn't get sold and it doesn't get banned.
  - TMWNN 6y ago
    If you're one of those who expect a) Biden to win in November and b) not continue a Trump ban, you should know that US governmental skepticism of TikTok's user data vis-a-vis China is bipartisan.
gadnuk 6y ago
This smells like a rumor spread to pump the stock like it did for Microsoft and Twitter. Oracle is a death's kiss for any company that gets acquired by it. The stock has ben trading flat for months now while most large cap tech stocks are reaching their all time highs. Oracle just doesn't want to be left out from the party.
kapnobatairza 6y ago
You may think this is absurd, but it isn't a huge stretch from Amazon buying Twitch or Google buying YouTube. Oracle's management might be looking to buy a very potent "independent" anchor customer of Oracle Cloud.
- deleted 6y ago
  [deleted]
wiseleo 6y ago
WTF is in it for Oracle of all companies?
- vosper 6y ago
  Perhaps an integration with their marketing / tracking / targeting / attribution businesses, which they’ve been spending billions on? This article could have been co-written by Oracle PR, but still, it has some relevant details: https://www.businessinsider.com.au/oracle-most-influential-advertising-company-2017-8?r=US&IR=T https://www.businessinsider.com.au/oracle-most-influential-a... Also, I gotta love their product name: Oracle Data Cloud. How deliberately vague is that? Sounds totally harmless. At least Adobe (yes, Adobe has an ad network too!) calls theirs Adobe Advertising Cloud.
  - wiseleo 6y ago
    Adobe owns Marketo, among others, so yeah it would make sense. :)
supernova87a 6y ago
If there's a way for US national security authorities to get teenagers to think something is instantly uncool and stop using it, it's by allowing it to be acquired by Oracle.
rowanG077 6y ago
Inb4 tiktok will start to price their app based on the number of cores in the Phone.
tibbydudeza 6y ago
Oracle is close to Trump so it makes sense but ByteDance will hopefully take an all cash deal and then Oracle will obviously slowly kill it until it ends up like MySpace. ByteDance will be okay and must forget global ambitions in the Western world and just be content with having 1.3 billion potential customers.
wisemanwillhear 6y ago
Perhaps this is just to drive up the price lest a competitor get a profitable, cash generating business for cheap.

25 points by nodesocket 6y ago

deleted 6y ago

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deleted 6y ago

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8jy89hui 6y ago

Pretty brutal outlook so far. TikTok either gets banned by Trump or is acquired by one of two companies who both have an outstanding reputation for killing the companies that they buy.

avalys 6y ago
LinkedIn, GitHub and Minecraft are all still alive and in reasonably good health.
- nodesocket 6y ago
  Microsoft is not like the Microsoft of past. They are admittedly (coming from an Apple enthusiast) eons more acquisition friendly and technology driven (vs business driven).
- scruffyherder 6y ago
  My danger sidekick says otherwise.
  - Closi 6y ago
    Hand on heart, do you believe Danger would still be around producing smartphones if they weren’t acquired?
    - scruffyherder 6y ago
      Yes, they could have had a chance too expand the platform and evolve. The sidekick also ran NetBSD, they weren’t crippled with crappy embedded OS like other devices of the time.
ephemeralism 6y ago
Or the third option, it doesn't get sold and it doesn't get banned.
- TMWNN 6y ago
  If you're one of those who expect a) Biden to win in November and b) not continue a Trump ban, you should know that US governmental skepticism of TikTok's user data vis-a-vis China is bipartisan.

gadnuk 6y ago

This smells like a rumor spread to pump the stock like it did for Microsoft and Twitter. Oracle is a death's kiss for any company that gets acquired by it. The stock has ben trading flat for months now while most large cap tech stocks are reaching their all time highs. Oracle just doesn't want to be left out from the party.

kapnobatairza 6y ago

You may think this is absurd, but it isn't a huge stretch from Amazon buying Twitch or Google buying YouTube. Oracle's management might be looking to buy a very potent "independent" anchor customer of Oracle Cloud.

deleted 6y ago
[deleted]

wiseleo 6y ago

WTF is in it for Oracle of all companies?

vosper 6y ago
Perhaps an integration with their marketing / tracking / targeting / attribution businesses, which they’ve been spending billions on? This article could have been co-written by Oracle PR, but still, it has some relevant details: https://www.businessinsider.com.au/oracle-most-influential-advertising-company-2017-8?r=US&IR=T https://www.businessinsider.com.au/oracle-most-influential-a... Also, I gotta love their product name: Oracle Data Cloud. How deliberately vague is that? Sounds totally harmless. At least Adobe (yes, Adobe has an ad network too!) calls theirs Adobe Advertising Cloud.
- wiseleo 6y ago
  Adobe owns Marketo, among others, so yeah it would make sense. :)

supernova87a 6y ago

If there's a way for US national security authorities to get teenagers to think something is instantly uncool and stop using it, it's by allowing it to be acquired by Oracle.

rowanG077 6y ago

Inb4 tiktok will start to price their app based on the number of cores in the Phone.

tibbydudeza 6y ago

Oracle is close to Trump so it makes sense but ByteDance will hopefully take an all cash deal and then Oracle will obviously slowly kill it until it ends up like MySpace. ByteDance will be okay and must forget global ambitions in the Western world and just be content with having 1.3 billion potential customers.

wisemanwillhear 6y ago

Perhaps this is just to drive up the price lest a competitor get a profitable, cash generating business for cheap.