Oracle

“The law doesn't require TikTok to turn off the app. Instead, the law requires App Store operators like Apple and Google to stop making TikTok available for downloads. It also requires Oracle, TikTok's cloud provider, to stop hosting the app's U.S. Data user da…”

“Stargate's first data center will be in Texas. The site which started construction last year will be operated by Oracle and used by OpenAI.”

“Larry Ellison has probably, like, more in common in terms of his competitive drive with, like, Michael Jordan than he does with, like, most other, like, founders, and I said something like you know, if Michael Jordan sold enterprise software, he'd be Larry Ell…”

“OpenAI needs to massively Scale infrastructure. And as we covered earlier this week, commit to spending tens of billions of dollars with Oracle. Yep. And their revenue today doesn't support that.”

“So software is the book, sort of the canonical biography on Larry Ellison or Oracle, and his condition for writing the book was that every single page he would get space allotted to him to like effectively rebuttal.”

“If you have a lot of cash flow as a big company, if you have the ability to borrow billions or hundreds of billions in the debt market you have to protect your hen house. Foxes might come by and might want to use you to co-sign a loan.”

“TikTok has signed a deal for the sale of the United States unit. The deal should close January 20 22nd. This is from Sarah Fisher, the media correspondent at Axios. Oracle, Silver Lake, and MGX will collectively own 45% of the U.S. Entity, 30% We'll be held by…”

“You got Oracle, you got private equity firm Silverlake, you got Abu Dhabi-based MGX. They will each own 15% of the new entity, while TikTok investors will own about 30%.”