Oracle, Silver Lake, and Andreessen Horowitz are finalizing a deal to secure an 80% stake in TikTok’s U.S. operations, The Wall Street Journal reported. Oracle benefits by continuing to host TikTok on its cloud, though analysts stress its bigger focus lies in expanding AI infrastructure. Despite the consortium’s influence, TikTok’s future growth still depends heavily on ByteDance’s ongoing involvement.
Fresh takes, great finds and engaging stories on the cloud and web hosting industry. Send us a news tip.
Enterprise Dedicated Servers - Intel/AMD EPYC & RYZEN - 100% Uptime 24/7 Support
Official Plesk Partner, Instant License Delivery, No Contract Commitment. Grab Your Savings NOW!
Significant discounts on KVM VPS SSD. Worldwide Locations. Full Root Access. Instant Deployment.
Get a .CA domain, with domain privacy, full DNS record control, domain forwarding, excellent support.
Premium professional WordPress sites that will not break your wallet. Optimized for SEO to drive traffic.
