Source Code: Your daily look at what matters in tech.

yesShakeel HashimNone
×

Get access to Protocol

Will be used in accordance with our Privacy Policy

I’m already a subscriber
Bulletins

Oracle has reportedly proposed a $20 billion bid for TikTok

The Wrap reports that Oracle is offering $10 billion in cash, $10 billion in Oracle stock, and an agreement that 50% of TikTok's profit will go to ByteDance.


Treasury Secretary Steven Mnuchin "likes the Oracle deal," an anonymous insider cited by The Wrap said.

Latest Stories