Category: oracle
Madrona promotes Anu Sharma and Daniel Li as Partners
Fresh off the announcement of more than $500 million in new capital across two new funds, Seattle-based Madrona Venture Group has announced that they’re adding Anu Sharma and Daniel Li to the team’s list of Partners. The firm, which in recent years has paid particularly close attention to enterprise software…
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Commerce Department extends deadline for a TikTok sale to the 27th
For months, the Trump Administration has pushed for TikTok to either be sold or get shut down and locked out of doing business with US companies. However, despite the incomplete status of a proposed sale that would’ve made it a partner with Oracle, a… Source
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ByteDance asks federal appeals court to vacate U.S. order forcing it to sell TikTok
In a new filing, TikTok’s parent company ByteDance asked the federal appeals court to vacate the United States government order forcing it to sell the app’s American operations. President Donald Trump issued an order in August requiring ByteDance to sell TikTok’s U.S. business by November 12, unless it was granted…
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Trump approves TikTok deal with Oracle and Walmart ‘in concept’
TikTok appears to have avoided a US ban at the last minute… probably. President Trump has agreed to a deal “in concept” (via CNBC) that theoretically allays US security issues while letting it operate in the country. True to earlier discussions, Or… Source
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FT: Oracle joins Microsoft as a possible bidder for TikTok
For a couple of weeks, Microsoft had been the only name publicly attached as a potential buyer for TikTok, and it has about a month left before the announced September 15th deadline to make a deal. Since then, Twitter was reported as a company in “pr… Source
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In surprise choice, Zoom hitches wagon to Oracle for growing infrastructure needs
With the company growing in leaps and bounds, Zoom went shopping for a cloud infrastructure vendor to help it with its growing scale problem. In a surprising choice, the company went with Oracle Cloud Infrastructure. Zoom has become the go-to video conferencing service as much of the world has shut…
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