Sunday, September 13, 2020

Source: Oracle has won the bidding for the US operations of TikTok as a "trusted tech partner"; the deal will likely not to be structured as an outright sale (Wall Street Journal)

Wall Street Journal:
Source: Oracle has won the bidding for the US operations of TikTok as a “trusted tech partner”; the deal will likely not to be structured as an outright sale  —  Deal is likely not to be structured as an outright sale  —  Oracle Corp. won the bidding for the U.S. operations …



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...