Oracle Warns Investors of Potential Financial Impact Due to New Law Banning TikTok in the US

Oracle Warns Investors of Potential Financial Impact Due to New Law Banning TikTok in the US

Oracle Corp. has cautioned its investors about the possible adverse financial impact stemming from a new law that could potentially ban TikTok in the United States. The legislation, signed by President Joe Biden in April, prohibits providing internet hosting services to TikTok unless specific conditions are met by its China-based owners, Oracle disclosed in a recent regulatory filing on Thursday. Read full article at - https://digpu.com/technology-news/oracle-warns-investors-of-potential-financial-impact-due-to-new-law-banning-tiktok-in-the-us

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