Important Innovations

  Oracle Beats Out Microsoft & Walmart for Social Media Giant source:  TikTok Deal Needs Trump Administration Approval TikTok, the popular short form video app, and US headquartered software giant Oracle have reached a "partnership" deal.  The Trump Administration forced China based owner ByteDance to sell its TikTok US assets.  In cutting a deal with Oracle, ByteDance has rejected offers from Microsoft and Walmart.  Details on the purchase price and exact terms of the Oracle deal have not been released. The Trump Administration forced a sale of TikTok's US operations because the Chinese government can ask ByteDance to hand over personal data gathered on Americans by TikTok at any time. Why This Social Media-High Tech Deal Matters This deal matters because TikTok has more than 100 million active users in the US; 800 million globally.  If the deal goes through, it would give Oracle, which is a software provider to large enterprises, much more visibility ...

Safe Chatting & Meetings by Video Calls Booms Source:  Zoom Communications Technology to the Rescue in the Pandemic The highly contagious coronavirus has shutdown global economies and businesses.  With a notable exception:  the much safer environment of staying in touch with family, co-workers and friends by online calls. The online video meeting business is zooming! An example is Zoom Video Communications. Zoom and Oracle Zoom is experiencing an avalanche of new business.  In fact, their business is up 30-fold from 10 million online meetings in December to 300 million now in late April 2020.  To accommodate the explosive growth in use, Zoom needed to rapidly and greatly expand its computer power. It has tapped into Oracle's cloud computing services.  Win-Win Industry experts are stunned by how  quickly the cloud service deal between Zoom and Oracle happened. They say, it seemed t...