Oracle to take a 12.5 percent stake in TikTok Global

REDWOOD SHORES, Calif., Sept. 19, 2020 /PRNewswire/ — Oracle Corporation (NYSE: ORCL) announced today that it was chosen to become TikTok’s secure cloud technology
provider.  This technical decision by TikTok was heavily influenced by Zoom’s recent success in moving a large portion of its video conferencing capacity to the