Home Uncategorized Oracle wins TikTok bid, Nvidia buys Arm for 40bn

Oracle wins TikTok bid, Nvidia buys Arm for 40bn

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The weekend was packed with MA news, with three deals all likely to be well worth of 10bn apiece reported. First up, Oracle has reportedly won the bidding to buy TikToks US operations, with the MicrosoftWalmart joint offer being rejected. According to The WSJ, the deal may not take the form of an outright sale, with Oracle instead set to become TikToks trusted tech partner in the US. More details are likely today, as The White House it yet to comment on whether the deal has secured its approval.