TikTok's U.S. ban could cost Oracle up to $800 million

Follow Invezz on Telegram , Twitter , and Google News for instant updates >A potential U.S. ban on TikTok may significantly impact Oracle’s revenue, as the software giant acknowledged in its annual report released on Monday. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.This development follows President Joe Biden’s April bill requiring ByteDance, TikTok’s Chinese owner, to sell the platform within nine months to avoid a ban in the U.S. TikTok’s rel ...