Oracle Said to Be Picked as Winner for TikTok’s U.S. Assets

Oracle Said to Be Picked as Winner for TikTok’s U.S. Assets

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The transcript discusses the potential sale or restructuring of TikTok under Oracle, highlighting the US government's demand for a complete separation from the Chinese company. It explores Oracle's close ties with the White House, which might influence the outcome. Concerns about the algorithm's fate and the Chinese government's stance on its export are also addressed. Ultimately, Oracle emerges as the winning bidder over Microsoft.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the US government's initial demand regarding TikTok's operations in the US?

An outright sale and complete separation

A partial stake sale

A corporate restructuring

A merger with Oracle

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How might Oracle's relationship with the White House affect the TikTok restructuring?

It might cause Oracle to withdraw from the deal

It could lead to a complete sale

It might help satisfy the White House demands without an outright sale

It could result in TikTok being banned

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a major concern regarding TikTok's algorithm in the restructuring process?

The algorithm is not profitable

The Chinese government may not allow its export

The algorithm could be sold to Microsoft

The algorithm might be outdated

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which company was informed by ByteDance that they were not the winning bidder?

Amazon

Google

Microsoft

Oracle

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is the chosen partner for TikTok's restructuring according to the latest updates?

Amazon

Microsoft

Google

Oracle