Posted: 2020-09-14 11:54:31

Oracle Doesn't Buy TikTok, But Gets A Lucrative Hosting Deal, And Trump & Friends Will Pretend This Means Something

TikTok Oracle deal is mostly a hosting contract, not a sale

From Mike Masnick at Techdirt.
Originally published 2020-09-14
This is a hosting deal. Oracle will just host TikTok on its wannabe, way-behind-the-competition, cloud platform. And Trump and his cult-like supporters will pretend this actually accomplishes something.
As Stamos points out, accepting this deal would show that it's nothing but "pure grift," basically dumping a forced contract into Oracle's lap, a company which (again) has had an executive licking Trump's boots since day one.
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Tags:white house,oracle,tiktok,billion of record,videoconferencing company zoom,late last night,vocal trump supporters,officer alex stamos,overdrive last month,unconstitutional executive order
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