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Story at a Glance: Tech giants with deep ties to the U.S. national security state — Microsoft, Oracle and the MITRE Corporation — have partnered with healthcare companies to create the Vaccination Credential Initiative (VCI) to advance the implementation of digital COVID-19 vaccination records. The initiative is essentially built on a common framework of digital vaccination “wallets” called SMART Health Cards that are meant to “work across organizational and jurisdictional boundaries” as part of a new global vaccination-record infrastructure. SMART Health Cards are expected to include a person’s complete name, gender, birth date, mobile phone number and email address in...

Oracle and Walmart’s plan to buy TikTok’s U.S. operations has been pushed back indefinitely, as President Joe Biden reviews former president Donald Trump’s efforts to address potential security risks from Chinese tech companies, The Wall Street Journal reported on Wednesday, citing people familiar with the matter. Oracle’s stock was slightly positive in premarket trading Wednesday and Walmart’s was slightly negative. Trump pushed TikTok to find an American buyer by threatening to ban the popular video app due to concerns that its Chinese parent company ByteDance could hand over U.S. users’ data to the Chinese government. TikTok has denied that this...

A coalition of tech and health organizations including Oracle, Microsoft, and the Mayo Clinic, is reportedly working to develop a digital COVID-19 vaccination passport that would allow businesses, airlines, and governments to check if individuals have received the vaccine. The Hill reports that a coalition of health and technology organizations are working to develop a new digital COVID-19 vaccination passport that could be checked by businesses, airlines, and countries to confirm if an individual has received the vaccine. The coalition includes tech giants such as Microsoft and Oracle, along with the Mayo Clinic. On Thursday, the Vaccination Credential Initiative announced...

Microsoft’s bid to purchase TikTok’s US operations was rejected, the company announced Sunday, with Oracle reportedly winning the bid to help run the popular social media app in the states. The deal between Tiktok’s Beijing-based owner ByteDance and Oracle is not believed to be structured as an outright sale, a source told The Wall Street Journal. Instead, the software giant is set to be the app’s “trusted tech partner,” in the US, the report said.

REDWOOD CITY (CBS SF) – Longtime Bay Area software giant Oracle announced Friday that it has moved its headquarters to Texas, becoming the latest Silicon Valley firm to relocate during the COVID-19 pandemic. According to a regulatory filing obtained by Bloomberg, the company based in Redwood City will be headquartered in Austin. In the filing, the software company said the move “means that many of our employees can choose their office location as well as continue to work from home part time or all of the time.” Oracle said it would continue to support other office locations throughout the country,...

The California Exodus continues, as Oracle has become the latest tech company to leave the Golden State for Texas.The company noted the move at the very bottom of their latest 10-Q, the tech company founded 43 years ago in Santa Clara, California announced that they would be "implementing a more flexible employee work location policy and has changed its Corporate Headquarters from Redwood City, California to Austin, Texas," where the company opened a massive 40-acre riverfront campus in 2018 with the capacity for up to 10,000 employees. The company says the move will "best position Oracle for growth and provide...

In what is perhaps the most compelling sign yet that Beijing has put the kibosh on the Oracle-TikTok deal, the Global Times on Tuesday published a scathing editorial attacking President Trump for attempting a "robbery" of TikTok and violate China's "dignity." The paper's editorial writers echoed claims made in an editorial published more than six weeks ago by the People's Daily - that Beijing would never tolerate Trump transferring majority ownership of TikTok to the US. Furthermore, as Kyle Bass explained earlier, anything that would require the company to fork over its content-recommendation algorithm is an instant deal breaker....

TikTok's US footprint is saved in a deal that includes Oracle and Walmart owning 20% of a newly formed TikTok Global and an IPO within 12 months. Oracle said it will be TikTok's cloud provider in a deal that gives it a 12.5% stake in the social media network and a key reference customer. Walmart will own a 7.5% stake and explore the intersection of TikTok and e-commerce. In a statement, Oracle said "the technical decision" by TikTok was based on the Zoom reference account. However, TikTok, owned by ByteDance, was facing a Sunday shutdown order over security concerns by...

Newsdump Update: US Sends More Troops, Armored Vehicles To Syria Following Recent Incident With Russian Military Police Six Bradley fighting vehicles and 100 soldiers sent into northeast Syria...... Fantasy news out there nowadays along with the real news that I like to post here...We led off with the story in Syria where Russian and American soldiers have played cat and mouse games and even "bumper cars".... The Republicans are backed by the energy industry in the US and folks like Ted Cruz and Tom Cotton pushing for sanctions on Russia and even a Democrat mixed in Jean Shaheen. She must...