Meta’s TikTok Threat Just Became Bigger Than Oracle

Source: Benzinga ·

Meta’s TikTok Threat Just Became Bigger Than Oracle

TikTok‘s parent ByteDance is now being valued at more than Oracle Corp. (NYSE:ORCL), the very company helping secure its U.S. operations. A proposed $6 billion share buyback puts ByteDance’s valuation at $400 billion, exceeding Oracle’s roughly $384 billion market capitalization.

Read the full story at Benzinga

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