The coronavirus is accelerating a significant tech exodus out of California, with Oracle (ORCL) announcing Friday that it has moved its headquarters from Redwood City to Austin, Texas. The move came just days after Tesla (TSLA) CEO Elon Musk announced he’d be moving from Los Angeles to Austin. Other tech giants that have recently left California include Silicon Valley pioneer Hewlett-Packard Enterprise (HPE) and newly public software giant Palantir (PLTR). The coronavirus pandemic and the… Source link
Read More »Why it makes sense for Oracle to buy TikTok. Sort of.
This is the web variation of Data Sheet, Fortune’s day-to-day newsletter on the leading tech news. To get it provided day-to-day to your in-box, register here There’s a great factor I rapidly dismissed the possibility of Oracle buying TikTo k: I am not a financial investment lender. Oracle is not a customer business. “Oracle provides products and services that address enterprise information technology (IT) environments,” is the very first line in its yearly report. The word… Source link
Read More »Why it makes sense for Oracle to buy TikTok. Sort of. – Fortune
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