Getty Images by David Paul Morris / Bloomberg
Oracle is obviously the ticket ok US. Has won the competition to handle operations. Microsoft revealed on Sunday that Bidence, the Chinese owner of the ticket ok, had earlier in the day refused to bid on Microsoft.
The Wall Street Journal reported that the deal would not be sold outright. Instead, the US “tech partner” of rac recall bytes. Will happen. The details of the transaction are not yet public but it will soon be submitted to US regulators for their approval.
This is a victory for Larry Ellison, chairman of Oracle and one of the few techno-tycoons who is an outspoken supporter of Donald Trump. Alice raised funds for Trump in February.
In August, a reporter asked Trump about the possibility of an Oracle ticket deal. Trump had a favorable response.
“I think Oracle is a great company, and I think its owner is a tremendous person,” Trump said. “He’s a terrific person. I think Oracle will definitely have someone who can handle it.”
Bytes are in a difficult situation
The biggest challenge facing bytes is the U.S. And the potentially conflicting demands of Chinese governments need to be satisfied. The U.S. government has threatened to close the ticket, citing concerns that the Chinese government will compromise Americans’ privacy or use inappropriate influence over the content Americans view. Ticket U.S. Transferring operations to an American company can alleviate those concerns.
But, the U.S. The government has no U.S. The Chinese government is not happy about the possibility of seizing key Chinese technological assets for the benefit of rivals. Late last month, Beijing announced new export control rules banning the sale of artificial intelligence technology – rules that apparently apply to algorithms Ticket OK uses to recommend video to its users. This means that bytendance will need the approval of Chinese officials, as well as the Trump administration, before any deal can be struck.
Rumor has it that Chinese officials prefer to shut down the ticket ok rather than set an example for foreign governments to gain control over Chinese technology platforms. ByteDance’s decision to make the sale a deal less than a full sale may be an attempt to respect the sensitivities of the Chinese government.
But in an effort to break the Chinese government, the U.S. Regulators can easily be sour. And if the Trump administration rejects the proposed ByteDance deal, there is a significant possibility that the ticket will be closed and ByteDance will receive nothing.
So if Bytensens believed that Larry Ellison could use his personal relationship with Trump to approve the deal, that would be a compelling reason to choose Oracle.
