• Ebby@lemmy.ssba.com
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    5 days ago

    Uh, wut? Why TF would Oracle have any interest owning a social media company?

    “Our business partners overwhelmingly want a short video format social site to, uh, complement our suite of backend corporate technology solutions.” - No Oracle C-level executive ever

    Hahaha! What a hoot!

    • xmunk
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      4 days ago

      I believe Oracle is running analytics collection for TikTok traffic in the US. There’s some weird preexisting connection between the companies though.

    • Flying Squid@lemmy.world
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      4 days ago

      It’s about selling user data. It’s always about selling user data. And why not diversify into that when you’re a massive corporation that is fine doing anything immoral as long as it makes them money (like all massive corporations)?

      Also, Oracle already tried to buy TikTok four years ago, so of course they’ll try again with Trump in office.

    • sirspate@lemmy.ca
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      4 days ago

      Prediction: It’ll be a quick flip to a different buyer. Oracle is the first buyer to make it look ‘okay’ to the general public, before Oracle sells it to X or Meta to shore up their finances.