Just when you thought Oracle (ORCL) couldn’t get any hotter, Larry Ellison’s enterprise juggernaut dropped another bombshell that sent shares soaring 4% in Friday trading. Oracle is reportedly in talks with Meta Platforms for a massive $20 billion AI cloud computing deal, and if this goes through, it could be the move that cements Oracle
The Setup: When Database Meets Dance Videos Picture this: Oracle, the company that built its empire on boring-but-essential database software, is about to become TikTok’s sugar daddy. Under a framework deal emerging from U.S.-China negotiations, Oracle would join a consortium controlling roughly 80% of TikTok’s U.S. operations alongside Silver Lake and Andreessen Horowitz. Oracle’s stock