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I think this makes sense. Oracle isn't really acquiring TikTok, just its "US Operations". They presumably won't be responsible for developing algorithms, the ap
by dodobirdlord 6y ago
I think this makes sense. Oracle isn't really acquiring TikTok, just its "US Operations". They presumably won't be responsible for developing algorithms, the app, or the backend, and will instead be running the service and hosting all of the data generated in the United States. Looked at this way, it's more like an unusually deep relationship with a cloud services provider than a buyout, and a huge win of business and reputation for Oracle Cloud.
- howlgarnish 6y agoBut is it really a huge reputational win? Us geeks know that Tiktok's scale is huge, but your average bank is not going to be terribly impressed that Oracle is now hosting an app still widely viewed as some random frivolous teen twerk thing.
- sudosysgen 6y agoI'd bet that TikTok continues expanding and becomes viewed as more than that.
- xvector 6y ago> but your average bank is not going to be terribly impressed that Oracle is now hosting an app still widely viewed as some random frivolous teen twerk thing. Absolutely not. If anything, the young user base makes TikTok more valuable. It will be viewed as an analogue to Facebook before it exploded.
- howlgarnish 6y agoI'm not doubting TikTok's own value, I'm questioning the assertion that owning TikTok will have reputational benefits for Oracle as a cloud hosting provider.
- xvector 6y agoIt’s an application with about a billion users. The benefits are tremendous. Banks are not dumb, they do their research before valuing corps
- howlgarnish 6y agoAgain, not a question of Tiktok's valuation, but whether this is relevant to bank considering Oracle Cloud for their own infra.