Posted on 08/19/2020 7:46:56 PM PDT by SeekAndFind
President Donald Trump said U.S. enterprise software giant Oracle is “a great company” when asked if if it would be a good buyer for TikTok.
His endorsement for Oracle, co-founded by billionaire Larry Ellison, comes after reports that the Californian tech firm is interested in buying TikTok’s North America, Australia and New Zealand businesses from Chinese parent company ByteDance.
Speaking at an event in Yuma, Arizona, Trump said: “Well, I think Oracle is a great company, and I think its owner is a tremendous guy. He’s a tremendous person. I think that Oracle would be certainly somebody that could handle it. Yeah. We gave them until September 15.”
It’s unclear how much Oracle is prepared to pay for TikTok but some of ByteDance’s investors value TikTok’s global business at $50 billion, according to Reuters.
The way TikTok is structured means the subsidiaries in New Zealand, Canada, and Australia report to the U.S. and that’s why they’re being included in the deal talks.
Oracle’s bid for TikTok also involves U.S. venture capital firms Sequoia Capital and General Atlantic, which are investors in ByteDance. The talks were confirmed by a CNBC source after they were first reported by the Financial Times.
Last week, Trump said the U.S. government will ban TikTok unless the app can be sold to an American organization within 90 days.
“There is credible evidence that leads me to believe that ByteDance ... might take action that threatens to impair the national security of the United States,” Trump said in an executive order. ByteDance denies the allegations.
(Excerpt) Read more at cnbc.com ...
I reviewed my opinion of Larry Ellison years ago. It came out positive for him. I believe he is a good guy now, at least I hope.
Ellison had used Tribe against Gates a couple decades back in his reprisal for what Gates did to Netscape. And I don’t like Tribe at all, not even a little. America would be better off if Tribe were defrocked and blackballed.
Knowing what we know now about Billy Boy Gates the Eugenicist Psychopath, we should praise Ellison in his attempt to break up Microsoft and oust Gates in the process.
I believe POTUS has the right view on Ellison’s legacy that is Oracle. Although Ellison was a CIA contractor and was made rich by developing relational database software for the agency, it was a different CIA back then that he catered to.
Best wishes.
RE: we should praise Ellison in his attempt to break up Microsoft and oust Gates in the process.
Well, Gates has been gone from Microsoft for over a decade now. Is Ellison still going after him?
What the hell is BUYING a glorified spyware program going to do for the USA? The program itself is the problem. Does anyone in that administration know anything about computers?
Gates only appeared to be gone. He didn’t step down formally until recent:
“BIll Gates Has Left the Board Room” (March 13, 2020)
https://www.wired.com/story/bill-gates-steps-down-microsoft-board
Ellison succeeded in making Microsoft agree to a consent order. AFAIK Ellison had no other grudge with Microsoft after.
Oracle was born from the old CIA, back before it became a globalist enabler and enforcer.
Tik-Tok as a spy nest is perfect for Oracle.
Muck Ficrosoft and their attempt to buy Tik-Tok and keep its spy capability for their globalist masters.
Trump knows what’s going on.
Buy it then burn it
Interesting
There are much more serious implications of China’s attempts at dominating cell phone software, and information in general. It turns out, that when AI is perfected, which is close to happening, and will change the battlespace immensely, the country who will have the best AI, will be the country that can feed their machine the most data. The more data, the smarter it will become. DNA is being sought by China, medical records, US government personnel files, including files of personnel who have security clearances.
5G is the new industrial revolution, in that world will be an internet of things (IoT) where every car, cell phone, microwave oven, and anything you can think of will communicate through 5g. It will continue to feed data to China’s AI collosus, which will eventually leave us in the dust. Just imagine TikTok, it’s on your cell phone, and can transmit your gps coordinates at all times, your phone calls, your social network of friends, your email contacts, etc. This is the battle that’s being waged against us, and they are ahead, thanks largely to Google and Microsoft, but there are many other players in Silicon Valley who are selling our data to the Chinese, or obtaining access to Chinese markets for data.
Social media vacuums up all of your meta data and sells it to marketers.
Government got in on the game to manipulate Citizens perceptions
I liked the good ole days.
Carol Martin (???) marketing research would mail out surveys. I created a fake profile and reported stuff like drinking 12 cups of coffee per day.
And a few weeks later, my mailbox was stuffed with offers/coupons, from competing Brands, to buy their stuff.
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