Oracle warns that a TikTok ban would hurt business

Oracle CEO Safra Catz, center, departs following a meeting on Capitol Hill in Washington on June 18, 2024. Chief executives from major companies including Palantir Technologies and Oracle Corp. met with senators at the Capitol Tuesday to press for US support of Israel amid its invasion of Gaza, while seeking a way to release hostages held by Hamas.A U.S. ban of TikTok might hurt Oracle's business, the software company acknowledged in its annual report on Monday. In April, President Joe Biden signed a bill d ...