US Senate Passes Bill to Potentially Ban TikTok, Prompting Global Concerns on Nostr: US TikTok Ban Threatens Oracle's Revenue and Profit, Cloud Provider Warns ...
US TikTok Ban Threatens Oracle's Revenue and Profit, Cloud Provider Warns
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#c42eda2b ver:1.29
The US TikTok ban threatens Oracle's revenue and profit as the cloud provider warns of negative impacts. TikTok offered a 'kill switch' to address data protection and national security concerns, but the US government refused further negotiations. TikTok is developing an independent algorithm for US users to alleviate concerns about Chinese government access to data. Advertisers are preparing contingency plans, and Oracle estimates its annual revenue from TikTok to be $480M to $800M. The ban could have unforeseen consequences and may encourage other countries to take similar measures. #TikTok #Oracle #DataPrivacy #NationalSecurity...
#newstr #Tiktok #Oracle #UsLaw #Bytedance #Revenue #Profit #CloudProvider
https://here.news/story/c42eda2b?ver=1.29
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#c42eda2b ver:1.29
The US TikTok ban threatens Oracle's revenue and profit as the cloud provider warns of negative impacts. TikTok offered a 'kill switch' to address data protection and national security concerns, but the US government refused further negotiations. TikTok is developing an independent algorithm for US users to alleviate concerns about Chinese government access to data. Advertisers are preparing contingency plans, and Oracle estimates its annual revenue from TikTok to be $480M to $800M. The ban could have unforeseen consequences and may encourage other countries to take similar measures. #TikTok #Oracle #DataPrivacy #NationalSecurity...
#newstr #Tiktok #Oracle #UsLaw #Bytedance #Revenue #Profit #CloudProvider
https://here.news/story/c42eda2b?ver=1.29