tech

Nate Becker3/13/25

Report: Oracle is a leading contender to run TikTok in the US

In a turn of events that will shock some people even though it should shock absolutely no one, Oracle has emerged as a leading contender to help run TikTok as the app seeks to avoid being banned in the US, according to reporting by The Information.

President Trump has said there are four bidders in the process. The Information’s reporting says that ByteDance prefers a deal with Oracle, that Trump has indicated his support for Oracle playing a key role, and that several people familiar with the matter say Oracle is the only serious contender.

Reuters had reported in January that the Trump administration was talking with Oracle and a group of outside investors about effectively taking control of TikTok’s operations.

It’s important to remember that the last time Trump was threatening to ban TikTok, a preliminary deal came together that was led by Oracle. Oracle also has a deep tech infrastructure that other investor groups don’t have. Additionally, Trump has friendly relationships with Oracle founder Larry Ellison and its CEO, Safra Catz.

History may just repeat itself here.

Oracle Is Leading Contender to Help Run TikTok in New Deal

Oracle Is Leading Contender to Help Run TikTok in New Deal

Reuters had reported in January that the Trump administration was talking with Oracle and a group of outside investors about effectively taking control of TikTok’s operations.

It’s important to remember that the last time Trump was threatening to ban TikTok, a preliminary deal came together that was led by Oracle. Oracle also has a deep tech infrastructure that other investor groups don’t have. Additionally, Trump has friendly relationships with Oracle founder Larry Ellison and its CEO, Safra Catz.

History may just repeat itself here.

More Tech

tech

OpenAI files confidentially for IPO

Today OpenAI announced it has filed confidentially with the SEC to go public. The company said in a blog post that it filed the draft S-1 form.

OpenAI’s filing comes a week after arch-rival Anthropic — now valued at $965 billion — also filed a confidential S-1 for its own public offering. Both IPOs are expected to be among the largest in US history.

In a press release, OpenAI wrote:

“We expect it to leak so we’re just announcing it. We have not decided on timing yet; it may be a while because there are things we want to do that are likely easier as a private company. But it’s a complicated set of tradeoffs and this gives us the option to go public sooner if that ends up being best.”

Confidential submission of draft S-1 to the SEC

Confidential submission of draft S-1 to the SEC

In a press release, OpenAI wrote:

“We expect it to leak so we’re just announcing it. We have not decided on timing yet; it may be a while because there are things we want to do that are likely easier as a private company. But it’s a complicated set of tradeoffs and this gives us the option to go public sooner if that ends up being best.”

Rani Molla, Jon Keegan

Siri AI is going to be great for Apple — if it works. Sound familiar?

At Apple’s developer conference, the company announced a better, faster, stronger Siri... again.

Tim Cook Apple WWDC 2026

South by Southwest Conference and Festivals

The number of Tesla Robotaxis on the road has been going down

That’s the wrong direction for a business trying to scale its autonomous vehicles.

tech

Intel shares soar on report of Google chip deal, possible future Nvidia business

Shares of Intel soared in early trading on a report that Google and Nvidia are considering turning to the chipmaker as a backup supplier to TSMC, as surging demand continues to outpace supply.

The Information reports that Google has placed an order with Intel to manufacture more than 3 million of its increasingly popular tensor processing unit chips in 2028.

According to the report, Nvidia is currently testing to see if Intel could manufacture its next-gen Feynman chips.

Taiwan-based TSMC has enjoyed a huge lead in the market of manufacturing advanced chips for Apple, Nvidia, and others.

Intel has been struggling to fight its way back into the AI chip business, but has made headway with the help of the Trump administration, which sought to shore American chipmaking with a $8.9 billion investment of taxpayer money, and several high-profile deals.

Google and Nvidia Consider Intel as Backup Chip Manufacturer

Google and Nvidia Consider Intel as Backup Chip Manufacturer

The Information reports that Google has placed an order with Intel to manufacture more than 3 million of its increasingly popular tensor processing unit chips in 2028.

According to the report, Nvidia is currently testing to see if Intel could manufacture its next-gen Feynman chips.

Taiwan-based TSMC has enjoyed a huge lead in the market of manufacturing advanced chips for Apple, Nvidia, and others.

Intel has been struggling to fight its way back into the AI chip business, but has made headway with the help of the Trump administration, which sought to shore American chipmaking with a $8.9 billion investment of taxpayer money, and several high-profile deals.

ChatGPT failed to kill Google Search

With Google’s multibillion user moat and deep pockets, it’s thriving despite OpenAI’s first-mover advantage.

Computer Men Wrestling

Latest Stories

Sherwood Media, LLC and Chartr Limited produce fresh and unique perspectives on topical financial news and are fully owned subsidiaries of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, Robinhood Money, LLC, Robinhood U.K. Ltd, Robinhood Derivatives, LLC, Robinhood Gold, LLC, Robinhood Asset Management, LLC, Robinhood Credit, Inc., Robinhood Ventures DE, LLC and, where applicable, its managed investment vehicles.

©2026 Sherwood Media, LLC