Discussion

• @chrisharihar Chris Harihar on x

  Trump tried to present a tough cyber security image here but really gifted Biden a good talking point on the admin's use of marketing over substance. He just has to take advantage of it. https://twitter.com/...

• @danprimack Dan Primack on x

  New Oracle statement: “ByteDance will have no ownership in TikTok Global.” That said... ByteDance shareholders, including its CEO employees, will have a stake.

• @arjunkharpal Arjun Kharpal on x

  Trump says TikTok-Oracle deal is “nothing to do with China.” Today, Beijing-based ByteDance said: - It will have 80% stake in new TikTok Global - No transfer of algorithm to Oracle - $5 billion taxes just a “forecast” and depends on biz performance https://www.cnbc.com/...

• @jenniferjjacobs Jennifer Jacobs on x

  The companies have agreed to terms with Trump for new TikTok Global to give $5 billion to an education foundation that will be established, sources tell me. Trump told press: “They're going to be setting up a very large fund...That's their contribution that I've been asking for.”

• @huxijin_gt @huxijin_gt on x

  The US restructuring of TikTok's stake and actual control should be used as a model and promoted globally. Overseas operation of companies such as Google, Facebook shall all undergo such restructure and be under actual control of local companies for security concerns.

• @zhonggg Raymond Zhong on x

  ByteDance confirms that there is no transfer of algorithms or technology in the current deal. “Oracle has the authority to conduct security checks of TikTok U.S.'s source code.” https://mp.weixin.qq.com/... https://twitter.com/...

• @mmasnick Mike Masnick on x

  Again, why is everyone not GOING CRAZY over the fact that we had to literally wait for *THE PRESIDENT* to give a thumbs up or thumbs down to a biz deal that *he forced* and which was dumped a huge contract on a big donor? https://twitter.com/...

• @benyt Ben Smith on x

  Massive, politicized cloud contracts to Microsoft and Oracle may be the true, multi-billion dollar cost Bezos is paying for buying the Washington Post https://www.nytimes.com/...

• @hshaban Hamza Shaban on x

  Lol/Cry The New York Times published a piece of Walmart's news release about their TikTok partnership, including the butt-text / my 2 year old stole my phone and typed nonsense part. https://www.nytimes.com/... https://twitter.com/...

• @ajdelgado13 A.J. Delgado on x

  President ‘Petty Bitch’ gives contracts to Amazon's competitors out of spite bc WaPo is sometimes critical of him. World's Oldest Toddler. https://twitter.com/...

• @halsinger Hal Singer on x

  New rule: Any acquisition by a dominant tech platform will be conditioned on the acquiring firm's donation of $5 billion to educate American children on the anti-monopoly tradition and the efficacy of New Deal policies. https://twitter.com/...

• @zhonggg Raymond Zhong on x

  Also says the $5 billion contribution to U.S. Treasury represents the taxes it will pay over the next few years. “But the actual amount of tax will be determined by the actual development of the business and U.S. tax structure.” https://twitter.com/...

• @balajis @balajis on x

  Second order consequences. For better or worse, we have deprecated the previous era where US tech companies were “the free speech wing of the free speech party” and the US championed free trade worldwide. Now it all shifts gradually to encrypted protocols. https://twitter.com/...

• @shiraovide Shira Ovide on x

  Walmart has the correct take on this Tiktok thing. Give Walmart a tech newsletter. https://www.nytimes.com/... https://twitter.com/...

• @brendannyhan Brendan Nyhan on x

  Literally shaking down companies for funds he can use to try to win the election. Happening right in front of us. https://twitter.com/...

• @mattyglesias Matthew Yglesias on x

  The extent to which Trump's threat to press freedom is *real* and not just a question of irresponsible rhetoric is really underrated. https://twitter.com/...

• @benedictevans Benedict Evans on x

  I wonder what Oracle's website would look like if it actually *had* a cloud business. https://twitter.com/...

• @tiktok_comms @tiktok_comms on x

  TikTok head @v_ness reinforces the company's commitment to protect its users globally and reflects on next steps. https://newsroom.tiktok.com/ ...

• @v_ness Vanessa Pappas on x

  There's been a lot of developments surrounding TikTok and our future. I share my thoughts on our positive news and what it means for our global community here: https://newsroom.tiktok.com/ ...

• @prchovanec Patrick Chovanec on x

  Extorting a Chinese company to fund “patriotic education” in the US might please some China hawks. To me, it just makes us more like China. https://twitter.com/...

• @stareagle Dave Hogg on x

  A man who has been banned from running non-profit organizations by his home state is charging a corporation $5 billion to do business. This is a common story in biographies, but usually those of organized-crime leaders, not presidents. https://twitter.com/...

• @tiffanycli Tiffany C. Li on x

  Nothing to see here, just the President of the United States abusing the power of the office to control private business and get a cut for his personal interests, which include teaching American children an alternate version of history as part of “patriotic education.” https://tw…

• @dannycrichton Danny Crichton on x

  I never thought in my lifetime that America would have to compete like this to win in markets. We used to win by being the best. We're clearly not the best anymore in a lot of areas, and now it comes down to how much the gov can kill off competitors https://techcrunch.com/...

• @peterwsinger Peter W. Singer on x

  This is not how any of this is supposed to work https://twitter.com/...

• @rockshrimp Willow on x

  How are you all reporting on this like a shakedown from the King is normal for business deals? https://twitter.com/...

• @alexvtunzelmann Alex von Tunzelmann on x

  Extorting $5bn from tech companies to fund his historical propaganda indoctrination drive. Righto https://twitter.com/...

• @deftechpat Patrick Tucker on x

  Trump will allow a US company to buy a company founded (mostly) in Australia and currently HQ-d in China in order to establish a $5 billion propaganda initiative. Clearly our national security concerns have been met. https://twitter.com/...

• @jordannovet Jordan Novet on x

  Oracle confirms it will become a minority owner of TikTok's global business and says TikTok will use Oracle public cloud infrastructure https://www.cnbc.com/...

• @carnage4life Dare Obasanjo on x

  TikTok isn't getting banned after all, Oracle gets to steal a cloud computing deal from Google and Walmart is now a tech company. All that's left is for Kevin Systrom to become the new TikTok CEO to make this my favorite episode of HBO's Silicon Valley. https://www.wsj.com/...

• @robpegoraro Rob Pegoraro on x

  Hey Siri, what does free-market capitalism not look like? https://twitter.com/...

• @bigmagicdao Molly on x

  Lmao, Chinese user's data on iCloud are stores on Guizhou-cloud big data, and American ticktock users data is going to store on Oracle. Those two countries are pretty funny.. https://twitter.com/...

• @walmartinc @walmartinc on x

  We are excited about our potential investment in and commercial agreements with TikTok Global. Read more: https://corporate.walmart.com/ ... https://twitter.com/...

• @baldingsworld @baldingsworld on x

  Remember how I told you to wait for details, granted they are buyers but these details print a very different picture than the Twitter-rage. Walmart is key because they provide the payment services. It says the new company will posess all IP. https://corporate.walmart.com/ ...

• @davejorgenson Washington Post TikTok Guy on x

  It's almost as if this was all a distraction and everyone overreacted again, who could've seen this coming https://www.cnbc.com/...

• @mattyglesias Matthew Yglesias on x

  The US constitutional system has always had a tenuous relationship with democracy, but it generally has upheld some notion of the rule of law & Trump is really thwacking away at that. https://twitter.com/...

• @sdonnan Shawn Donnan on x

  This straight out of the playbook in authoritarian countries. First you force the sale of an asset, then you force a “donation” to a foundation that acts to further your political goals. https://twitter.com/...

• @will_bunch @will_bunch on x

  Vince Fumo, who was the most powerful Democrat in Philly 20 years ago, used to do this trick. Then they sent him to prison https://twitter.com/...

• @michaelschuman Michael Schuman on x

  In the end the #TikTok deal just looks like a money grab w the US govt using “national security” to get powerful US biz interests a piece of a successful foreign business. 1/ https://www.wsj.com/...

• @hollyblomberg Holly on x

  Stealth takeover of TikTok GLOBAL by bullying use of US government resources for corporate ends. When most people hear the word fascism they think jackboots — but to Mussolini it was the merger of state power & corporate power https://twitter.com/...

• @rmack Rebecca MacKinnon on x

  Who out there is studying/tracking/investigating content moderation & disinformation & targeted advertising patterns on Tiktok? What will Oracle's behavioral tracking and data analytics bring to that table? Need to start following very closely. @BostonJoan @cward1e @JuliaAngwin h…

• @raaleh David Courtney on x

  right wing grudge based tech companies jumped from weird failure prone scams to national policy in less than two years https://twitter.com/...

• @moorehn Heidi N. Moore on x

  *stares directly at camera* So this is what the leverage was for https://twitter.com/...

• @harrisj Jacob Harris on x

  So, if I understand it correctly, Trump declared that TikTok must be banned because it's a national-security issue but apparently is demanding $5 billion to make the national-security issue not be an issue? How is this different from a shakedown? https://twitter.com/...

• @stilkov Stefan Tilkov on x

  Every day I think there's no way things can get any more ridiculous in the US, and every day I'm proven wrong again https://www.bloomberg.com/...

• @caseyjohnellis @caseyjohnellis on x

  “we're building an educational wall, and we're going to make tiktok pay for it” https://twitter.com/...

• @sapochat Santi Pochat on x

  Congrats to the Oracle Cloud sales team for closing their new client in what has to be the most complicated, roundabout deal in history. https://twitter.com/...

• @rb2k Marc on x

  A very Oracle way to do customer acquisition. https://twitter.com/...

• @arjunkharpal Arjun Kharpal on x

  With ByteDance still owning 80% of TikTok and no money going to the US government, this kind of feels far from the deal Trump actually wanted. Instead, the deal funnels business to a company whose upper management has close ties to the President. https://twitter.com/...

• @mgtalksretail Michelle Grant on x

  Walmart ditched Microsoft to invest alongside Oracle in TikTok. Below is my thread from August on why it's not a crazy idea for Walmart to be involved in TikTok. Even without the algorithm, Walmart will benefit if it executes well. https://twitter.com/...

• @maawlaw Mark Warner on x

  “The new company, which will be called #TikTok Global, has agreed to donate $5 billion to an education fund, which Trump said would satisfy his demand that the government receive a payment from the [@Oracle] deal.” #CFIUS https://twitter.com/...

• @jamespmanley Jim Manley on x

  Do me a favor. Now where have we heard that before https://twitter.com/...

• @vikasreddy Vikas Reddy on x

  Security through obscurity - surely no hacker would want to spend the time learning how the fuck the “Oracle public cloud infrastructure” works. https://twitter.com/...

• @taylorlorenz Taylor Lorenz on x

  This is truly crazy: Trump wants the $5 billion from the Tiktok Global deal to pay for “patriotic education” via his envisioned “1776 Commission.” https://twitter.com/...

• @muldowney Patrick on x

  there are 9,428,477 other more important things to focus on but this is up there for one of the dumbest stories of the year the whole thing is just corruption by idiots https://twitter.com/...

• @victorerikray @victorerikray on x

  This is that principled conservative free-speech free-market combo. https://twitter.com/...

• @msfoxifurnasty Amy on x

  Totally normal and cool, not at all grifty or personal propaganda reminiscent of North Korea. Not even a little bit. https://twitter.com/...

• @stevendeknight Steven DeKnight on x

  That's a pretty little app you got there. Shame if anything was to happen to it... https://twitter.com/...

• @gwbstr Graham Webster on x

  “[Trump] wants to use the $5B from the TikTok deal for the ‘patriotic education’ program, according to one of the people. However, the new U.S. TikTok company will control the money and choose how it's invested.” Glad the kids have been saved from authoritarian propaganda. https:…

• @tracinski Robert Tracinski on x

  This is a Third World shakedown for ideological patronage. Somehow that strikes me as not especially patriotic. https://twitter.com/...

• @niubi Bill Bishop on x

  ffs wasf https://twitter.com/...

• @jamesgleick James Gleick on x

  “He said, ‘Do me a favor.’” Sound familiar? Mob boss or dictator? https://twitter.com/...

• @abfrancois @abfrancois on x

  Let me see if I can spell kickback https://twitter.com/...

• @mikeisaac Rat King on x

  @kimmaicutler @TaylorLorenz @TechmemeChatter there's no proof it's any more valid than him making it up at the podium which is why they leaked it to a wire that printed it verbatim

• @kimmaicutler Kim-Mai Cutler on x

  @TaylorLorenz @TechmemeChatter Is this actually happening or is he just saying it's happening?

• @philwaymouth Phil Waymouth on x

  This whole thing is bananas. But even ignoring the $5bn, how does this deal solve any of the purported national security issues? It looks like a lift-and-shift cloud win for Oracle + 20% of the upcoming IPO. Does it change.. anything, security-wise? https://twitter.com/...

• @staska Stasys Bielinis on x

  I don't think it is surprising that Bytedance says it first hears about $5B foundation. Trump always insisted that whoever gets TikTok has to pay. It's a good chance that Oracle, Walmart, and Bytedance's US shareholders like Sequoia are footing the bill https://www.techmeme.com/.…

• @caro_milanesi Carolina Milanesi on x

  Maybe #ByteDance should look under “administration finder fee” https://twitter.com/...

• @stevekovach Steve Kovach on x

  That was a lot of work to land a cloud contract. https://www.cnbc.com/...

• @jchengwsj Jonathan Cheng on x

  Donald Trump will allow Americans tp keep making silly short videos on a new, U.S.-based TikTok Global, 20% of which will be owned by Walmart and his buddies at Oracle. And don't worry, it “will have nothing to do with China.” @AndrewRestuccia https://www.wsj.com/...

• @blackamazon @blackamazon on x

  An education fund right after his announcement of 1776 and the “American education” So he scapegoated Black women and racebaited a Chinese company , to get 5bn dollars to a nationalist education fund. But folks thought his sinophobia language was “semantic” https://twitter.com/..…

• @ewong Edward Wong on x

  A key point is in the 2nd tweet in this thread: Trump wants the $5 billon to go towards “patriotic education” that would be pushed by his “1776 commission.” Btw, the Chinese Communist Party runs “patriotic re-education” programs — including in the internment camps for Muslims. ht…

• @bobbychesney Bobby Chesney on x

  Imagine a person subject to sanctions gives $500,000 to an NGO associated closely with the president, and the next day Treasury removes that person from the sanctions list. If the donation was voluntary, bribery; if coerced, extortion. Is this “key money” situation any different?…

• @davidgura David Gura on x

  President Trump “incorrectly claimed that the new company would ‘have nothing to do with China.’ Chinese investors will retain at least one-third of the new company's stake.” https://www.nytimes.com/...

• @lindseygrahamsc Lindsey Graham on x

  Great decision by President Trump to approve the sale of TikTok to Oracle and Walmart. Great for American consumers who are being protected from the Chinese Communist Party. https://www.wsj.com/...

• @karaswisher Kara Swisher on x

  The weird political back-scratching shakedown we all assumed. Moving HQ of the media heavy app from the creative center in Culver City, CA to Texas would be the oily cherry on this rancid cake that still prolly does not protect us from Chinese surveillance https://www.nytimes.com…

• @robertpricetv Robert Price on x

  “TikTok Global will likely be headquartered in Texas and has said it will hire as many as 25,000 people, Trump said.” https://twitter.com/...

• @taylorlorenz Taylor Lorenz on x

  Oracle CEO Safra Catz was a member of President Trump's transition team, and Oracle Chairman Larry Ellison threw a fundraising event for Trump earlier this year. https://www.cnbc.com/...

• @taylorlorenz Taylor Lorenz on x

  So insane how this was all for basically nothing https://twitter.com/...

• @baldingsworld @baldingsworld on x

  The deal important stuff of this deal has not come close to being announced so I'm not going to render a verdict. I'm other words, if you're looking for a hot take sorry to disappoint https://www.wsj.com/...

• @martinsfp Martin Sfp Bryant on x

  Just before TikTok is pulled from US app stores, the (still absolutely bonkers) deal is approved. https://twitter.com/...

• @markknoller Mark Knoller on x

  Pres Trump says he's given his “blessing” to a deal for Walmart and Oracle to acquire and operate TikTok. Says he has approved the deal in concept. Says it would be a brand new company and “have nothing to do with China.” Believes the new TikTok would be incorporated in Texas. ht…

• @jenniferjjacobs Jennifer Jacobs on x

  Tiktok may not shut down after all. Trump said he's approved Oracle Corp.'s bid for the U.S. operations of the popular video-sharing app. The Chinese govt must now sign off on the transaction for it to go forward. https://www.bloomberg.com/...

• @johnrobb John Robb on x

  This guerrilla information war we are currently in, is in part about who controls the algorithmic/AI thought police. The tribes of the right, the tribes of the left, or the corporate oligarchy? https://www.wired.com/...

• @jenniferjjacobs Jennifer Jacobs on x

  TRUMP wants the $5 billion from the Tiktok Global deal to pay for “patriotic education” via his envisioned “1776 Commission.”

• @jenniferjjacobs Jennifer Jacobs on x

  NEWS: Trump wants $5 billion from companies creating a new U.S.-based TikTok venture directed toward teaching American children “real history, not the fake history.” Story by me, @MarioDParker @josh_wingrove https://www.bloomberg.com/...

• @eugenewei Eugene Wei on x

  I guess TikTok may turn out to be a propaganda weapon after all. https://finance.yahoo.com/... https://twitter.com/...

• @mikeisaac Rat King on x

  the most amazing possible outcome of this entire insane process — extorting a Chinese tech company for billions to fund his made up Trump re-education project https://twitter.com/...

• @karaswisher Kara Swisher on x

  Hey @oracle: Backing this specious propaganda nabs you the top spot from Facebook as the Silicon Valley company most likely to ruin democracy. Congrats and you can pick up your prize — a 1 year subscription to Pravda and semi-used DVD of “Wag the Dog.” https://www.bloomberg.com/.…

• @pingroma Zheping Huang on x

  Take that, Trump: ByteDance stressed in a Chinese-language statement it will remain in control of a hived-off TikTok Global business. Says $5b tax payment is just an estimate, and has nothing to do with the deal. https://www.bloomberg.com/...

• @ruima @ruima on x

  IPO proceeds for patriotic education, lol. Now why didn't China think of this first? https://twitter.com/...

• @mirandayaver Miranda Yaver on x

  I already teach patriotic education. I call it Constitutional Law. https://twitter.com/...

• @danprimack Dan Primack on x

  More about TikTok “payments” 1/ Ed fund is NOT to fund Trump's “patriotic” history project. 2/ The $5b figure is not codified anywhere. And no one expects it to be anywhere near that big. 3/ The $5b to treasury is anticipated payroll taxes over unspecified period of time.

• @jenniferjjacobs Jennifer Jacobs on x

  🚨"Do me a favor," Trump said on phone with Walmart and Oracle. The execs were trying to resolve his Tiktok ban, by creating new US co. Trump, determined to extract payment, proposed education idea. Execs agreed. But didn't fully get what Trump wants? https://www.google.com/...

• @caro_milanesi Carolina Milanesi on x

  Also the irony of taking money from a Chinese company initially considered a threat and use it to turn America more like China https://twitter.com/...

• @clevertitletk Vote Vote Vote on x

  “The real history, not the fake history.” https://www.bloomberg.com/...

• @dangillmor Dan Gillmor on x

  In other words, the $5 billion is a bribe. Follow the money, journalists (and House Democrats if you choose to re-awaken). https://twitter.com/...

• @badler Ben Adler on x

  War is peace. Freedom is slavery. Ignorance is bliss https://www.bloomberg.com/...

• @davidfrum David Frum on x

  Plus at least a little taste for himself personally, surely? https://twitter.com/...

• @fmanjoo Farhad Manjoo on x

  trump ginned up a national security problem with a popular product to get a piece for a campaign supporter and set up an indoctrination program. he tried to do the same with pharma, shaking them down for “trump cards.” this is kleptocracy, not capitalism https://www.bloomberg.com…

• @orinkerr Orin Kerr on x

  They said if I voted for Hillary, the President would order companies around and make them further the President's personal agenda outside of any federal interest — and they were right! https://www.bloomberg.com/...

• @klonkitchen Klon Kitchen on x

  So, do I understand this correctly: A Chinese company (beholden to the CCP) will be in charge of the US's new $5B “patriotic education” fund? https://www.bloomberg.com/...

• @elivalley Eli Valley on x

  As a gift to Trump and his Ku Klux Klan base for his international racketeering, @Oracle and @Walmart have agreed to pour $5 billion into his White Power Education curriculum. https://www.bloomberg.com/...

• @felixsalmon Felix Salmon on x

  You really can't make this shit up: ByteDance says not aware of $5 billion education fund in TikTok deal https://www.reuters.com/...

• @tiktok_comms TikTok Comms on x

  https://twitter.com/...

• @sherman4949 Alex Sherman on x

  So the ownership of TikTok Global will be, according to a person familiar with the matter: Oracle - 12.5% Walmart - 7.5% ByteDance - 80% ... But 40% of ByteDance's ownership is US venture capital funding. That's how the Trump admin is calculating this deal as “majority US $”

• @jessicalessin Jessica Lessin on x

  Scoop: This is incredible. ByteDance global technically won't have a stake in TikTok Global, but its CEO will have just under a quarter of the company. https://www.theinformation.com/ ...

• @wongmjane Jane Manchun Wong on x

  Walmart on the TikTok US deal: “ekejechb ecehggedkrrnikldebgtkjkddhfdenbhbkuk” https://corporate.walmart.com/ ... https://twitter.com/...

• @somospostpc Alex B on x

  it was a grift and probably an illegal operation, to strip a private company of its assets under phony pretenses and transfer them to a political friend of the white house under totally opaque conditions https://techcrunch.com/...

• @iamkennethchan Kenneth Chan on x

  Narcissists everywhere rejoice. But for real it's important to have the data kept out of China's hands with zero ambiguity. https://twitter.com/...

• @michaelpachter Michael Pachter on x

  What she said. “Sleazy” is the new normal https://twitter.com/...

• @mollyjongfast Molly Jong-Fast on x

  kakistocracy A government run by the worst least qualified people https://twitter.com/...

• @reckless Nilay Patel on x

  What does it mean for Oracle to be the US government's “trusted tech partner” for TikTok? Will Oracle fight FBI requests for user data, the way Apple, Facebook, Google and other platform vendors routinely do? https://www.theverge.com/...

• @scmpnews @scmpnews on x

  Trump approval of Oracle deal a step back from his hard line over outright sale https://www.scmp.com/...

• @karaswisher Kara Swisher on x

  The more reporting I do on this the more it is a sleazy back room deal that protects no one and advantages Trump supporters and, inexplicably, the Chinese government. The weird education whatever sounds like Trump University except 100 percent less classy. https://www.nytimes.com…

• @bisforberkshire Jennifer Berkshire on x

  Uh oh. Unsavory TikTok deal now includes $5 billion for the *education of American youth.* https://www.nytimes.com/...

• @jowanza Jowanza Joseph on x

  Folks will make a lot of jokes about Oracle going through all this trouble to get a “customer” but I really want to know more about this partnership with Walmart? What is that all about? https://twitter.com/...

• @etherealdeen Ethereal Deen on x

  this is even more alarming lmao. delete that shit. https://twitter.com/...

• @goji_saurus @goji_saurus on x

  Congrats, those pesky Chinese won't get your data anymore! Now your data is safe in the hands of *checks notes* Walmart! https://twitter.com/...

• @delrey Jason Del Rey on x

  Walmart says it has tentatively agreed to purchase 7.5% of new TikTok Global entity and on commercial arrangements to provide e-commerce, payments and fulfillment services to TikTok. Walmart CEO Doug McMillon to join five-person board of new company if deal goes through. https://…

• @tonypapa9 Tony papa on x

  Didn't we see this move on the Sopranos, where Tony leans on a garbage removal company and has Paulie Walnuts come in and take them over...."Hostile like" Baddabing !! #MAGA is a crime spree https://www.nytimes.com/...

• @dgielis Dimitri Gielis on x

  This means my 11 year old daughter is working with Oracle technology at a much younger age than when I started with the Oracle Database 😀 https://twitter.com/...

• @pwnallthethings @pwnallthethings on x

  Wow, China just seized a US company's local assets in China, gave it to a senior party official, and the whole thing was done in exchange for a $5bn bribe to a charity associated with the party apparatus. Oh wait, no, got America and China confused in that sentence right there

• @oracle @oracle on x

  We look forward to working with you! https://twitter.com/...

• @danprimack Dan Primack on x

  Walmart statement on TikTok talks about IPO within 12 months. Weird thing to pledge. What if market window is closed—or crazy volatile? Or if monetization goes slower than expected?

• @jasonkeath Jason Keath on x

  Walmart (and Oracle) still somehow won out as a partial owner ok TikTok (in principle) at 7.5%. Another important piece of this deal is hinted at, that TikTok will go public in the US. Pretty huge. The US seems to be locked in on this. Let's wait and see if China follows suit. ht…

• @zhonggg Raymond Zhong on x

  ByteDance, in a statement on its Toutiao news aggregator app, said Sunday that it had been unaware of the $5 billion contribution it would supposedly be making. “We are also hearing for the first time about the $5 billion education fund from the news.” https://www.nytimes.com/...

• @ebkania Elsa B. Kania on x

  The process has been chaotic and terribly dubious. The deal fails to address core concerns of data security, privacy, and algorithmic transparency, let alone robust safeguards against undue foreign influence on this platform. Once again, I'm not surprised. https://www.nytimes.com…

• @ow @ow on x

  After all of the TikTok drama it was seriously just a play to *win their cloud business?* lord this has been a circus https://twitter.com/...

• @urbanstrata Jeff Gordon on x

  “The deal benefits everyone except U.S. consumers and people who have actual security concerns about TikTok's algorithms and the ways they can be used to influence opinion in the U.S.” An absolute sham. https://twitter.com/...

• @tenderlove Aaron Patterson on x

  Oracle lands their first Cloud Infrastructure client! https://twitter.com/...

• @onlyyoontv Eunice Yoon on x

  So will @Oracle @tiktok_us arrangement become a future model for dealing with #nationalsecurity issues for businesses from #China or other governments seen as adversarial to the US? (And does the mechanism work?) 👀👇👇👇 https://twitter.com/...

• @sherman4949 Alex Sherman on x

  OK I've confirmed this with a person familiar - Walmart's stake will be about 7.5%. https://twitter.com/...

• @sherman4949 Alex Sherman on x

  TikTok says WMT and Oracle can take up to a “cumulative” 20% stake in the company. Oracle already said its stake is 12.5%. Does that mean Walmart's stake will be up to/about 7.5%? https://twitter.com/...

• @danielnewmanuv Daniel Newman on x

  This is a significant win for @OracleCloud and the company as a whole. It's 2nd generation cloud has landed some big names from Zoom to McDonalds. This TikTok deal may be the biggest yet. Certainly the most publicized. #Cloud #tiktokban $ORCL https://twitter.com/...

• @karaswisher Kara Swisher on x

  Oracle and Walmart have a 20 percent stake. Who knows how much China's ByteDance has. Who has rest? This is a chimerical monstrosity that does not accomplish what Trump said he was up to. https://twitter.com/...