Oracle warns that a TikTok ban would hurt business

(CNBC) Oracle provides cloud infrastructure for TikTok, which has over 150 million users in the U.S. “If we are unable to provide those services to TikTok, and if we cannot redeploy that capacity in a timely manner, our revenues and profits would be adversely impacted,” Oracle said in its annual report for the fiscal year ended May 31.

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