(Written for another post regarding the same topic, copied here) Oracle purchasing a stake in ByteDance, and maybe handling US operations? It sounds like one o

(Written for another post regarding the same topic, copied here) Oracle purchasing a stake in ByteDance, and maybe handling US operations? It sounds like one of those deals which will end up as a loss in a few years and a write-down. The first comparison that comes to mind is the Tumblr sale, when Yahoo wrote-down $712 million, although the companies are quite different. However, the similarity is the culture difference between the parent and subsidiary companies - Yahoo couldn't figure out how to turn Tumblr profitable as they had no successful examples prior, as far as I remember. Oracle and TikTok could not be more different: Oracle is a cold cloud technology supplier with no business advertising to teens. If Oracle wishes to only be the cloud partner holding US data (a possibility mentioned in the article) it's possible that it could work out, but whether it is possible is dependent on politics and potentially who is elected as the next President.