
Oracle (ORCL), Silver Lake, and Andreessen Horowitz are forming an investor consortium to take an 80% stake in TikTok, according to the WSJ. This move suggests a significant investment into the social media platform, potentially impacting Oracle's future growth prospects and market position in the tech sector. Investors should monitor how this strategic acquisition unfolds and its implications for TikTok's valuation and operations.

By mdudas
crypto investor @6thManVentures // co-founder @theblock__ @linksdao // @moonbirds kol