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“Under the reported arrangement, Oracle would handle TikTok US’s security operations while also supplying cloud computing services for the newly formed company.”
https://gfmag.com/capital-raising-corporate-finance/united-states-with-tiktok-deal-larry-ellison-eyes-media-dominance/
Isn’t that insane.
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“SoMeboDy haS to dOit!”
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"Between the Paramount and TikTok deals, the last act of Larry Ellison’s career could be unprecedented control of US media. "
Good thing we have nostr.