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Larry Ellison, President and Founder of Oracle (Larry Ellison). Figure: Obtained from English Wikipedia
US President Trump asked ByteDance, the parent company of “TikTok,” to sell its US business within a deadline for national security reasons. It was originally scheduled to be bought by Microsoft (Microsoft), but at the last minute, Oracle (Oracle) became one of the shareholders of TikTok America through a “small stake”, managing to appropriate relatives. According to a report from “CNN”, Oracle president and founder Larry Ellison (Larry Ellison) has a close relationship with Trump, making this “rollback victory” business case questionable.
“CNN” reported that while Oracle awaits approval from the US government to establish a new partnership with TikTok, the political relationship between Trump and Ellison is also being reviewed and questioned. Ellison is one of the richest people in the world. He has a very good relationship with Trump. This year she hosted a huge fundraising event for Trump and featured supporters who donated $ 100,000 to golf with Trump. Chance for the ball.
In addition to Ellison, Oracle CEO Safra Catz also has a close relationship with Trump. According to data from the Federal Election Commission, she has donated $ 130,000 to the Trump campaign this year. In 2016, he was part of Trump’s presidential transition team and was once considered for a post in the internal government. Additionally, Ellison and Kaichi have served on Trump’s industry task force and are committed to economic recovery.
Regarding the close relationship between Oracle’s whistleblowers and Trump, Oracle chose not to respond and the White House declined to comment. However, some experts noted that while the Ellison-Trump relationship may give Oracle an edge, the final proposal has yet to fully address the US government’s national security concerns.
Based on known information, the cooperative agreement between Oracle and ByteDance does not appear to involve the purchase of the operating business, but allows Oracle to acquire a small stake and obtain the Chinese technical authority to support, monitor, guarantee and support the US government. For TikTok. “Information Security Concerns”.
Why did Oracle beat Microsoft by marrying Douyin? CNN: It turns out that he and Trump are …
According to a report from “CNN”, Oracle president and founder Larry Ellison (Larry Ellison) has a close relationship with Trump, making this “rollback victory” business case questionable.
ByteDance, the parent company of “TikTok”, was originally scheduled to be bought by Microsoft (Microsoft), but at the last minute, Oracle became one of the shareholders of Tiktok US through a “small stake”. Relatives successfully caught. Figure: Obtained from TikTok Facebook
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