Oracle can now claim to be hosting ‘two most important sites of our generation’ “” TikTok and Zoom

Oracle can now claim to be hosting ‘two most important sites of our generation’ “” TikTok and Zoom

The logos of the Chinese video portal TikTok and the US software and hardware manufacturer Oracle Corporation can be seen on a smartphone and screen on September 14, 2020 in Berlin, Germany.Thomas Trutschel | Photothek | Getty ImagesSINGAPORE — Facebook and Google will likely be the losers in a deal to keep video-sharing app TikTok operational in the United States, an academic told CNBC on Monday. President Donald Trump said Saturday that he has in principle approval a deal where enterprise software maker Oracle and retail giant Walmart will partner TikTok in the U.S. Shortly after the president's comments, Oracle said it was chosen as TikTok's secure cloud provider and will become a minority investor with a 12.5% stake in the company. The deal "is somewhere between a new vendor agreement in cloud and