Business
Trump’s toxic influence over Oracle-TikTok deal – Sydney Morning Herald
The idea that a country’s leader decides which deals get done and which don’t – and that it’s contingent on how friendly the company is with the leader – sounds like Putin’s Russia.
And yet and this is the part I find astounding nobody even blinks. “Oracle’s courting of Trump may help it land TikTok’s business and coveted user data,” read the headline in the Washington Post the other day, as if this were the most normal thing in the world. According to the Wall Street Journal, several ByteDance investors in Silicon Valley “went in search of a tech company with close ties to the administration” knowing that a company that Trump favoured had perhaps the only chance of succeed…
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