Larry Ellison, the founder of Oracle, has invested in the upcoming American version of TikTok. This development represents a significant strategic move by TikTok’s parent company, which is seeking a broader market presence. Ellison’s involvement signifies a potential shift in the platform’s direction, aligning with the US government’s efforts to diversify media ownership. The investment suggests a focus on integrating with existing digital platforms and potentially expanding the platform’s user base within the United States. The long-term implications of this collaboration are still being evaluated.
Credits: NYT > Top Stories