How is Oracle trying to return to the center of the tech world?
In essence the TikTok-Oracle deal, as the Wall Street Journal (2020) points out, has been touted as a clear path for Oracle to the apex of the Tech pyramid. This is more so the case when it comes to advancing efforts by the company to cement its place in cloud-computing. According to Wall Street Journal (2020), Larry Ellison had at some point in the past branded cloud-computing as nothing more than just a trend or fad. He has been proven wrong over time. Towards this end, Oracle has had to demonstrate that “it is taking the cloud seriously” and to a large extent, the present deal “might give them new blood” (Wall Street Journal, 2020).
What does Oracle have that Microsoft does not?
Clearly, Oracle has the enthusiasm of Larry Ellison. Indeed, as the Wall Street Journal (2020)...
References
Elliott, T. (2020, Aug. 18). Oracle Vs. Microsoft: Which Company Should Buy TikTok & Why. Screen Rant. https://screenrant.com/tiktok-oracle-microsoft-best-buyer-ban/
Wall Street Journal (2020, Oct. 4). Larry Ellison’s TikTok bid puts Oracle Chairman back in the spotlight. Mint. https://www.livemint.com/news/world/larry-ellison-s-tiktok-bid-puts-oracle-chairman-back-in-the-spotlight-11601795781796.html
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