Oracle
Cellulant Appoints New Country Manager
Cellulant has appointed Faith Nkatha as its new Country Manager for Kenya. In this role, she is expected to lead operations and scale Cellulant’s payment ecosystem within the country. Nkatha joins Cellulant from Oracle where she led their public sector Digital Transformation efforts. Prior to this, she was the Director for Strategy, Monitoring, and Transformation at Sidian Bank. “We are excited that Faith has accepted to join our leadership team and confident that she will lead Cellulant Kenya’s next chapter of growth and success,” says Ken Njoroge, co-Founder and CEO of Cellulant. /* custom css */ .tdi_3_949.td-a-rec-img{ text-align: left; }.tdi_3_949.td-a-rec-img img{ margin: 0 auto 0 0; } “We have all been impressed by her strong track record of digital transformation and vast expe...
Trump Backs Proposed Deal to Keep TikTok Operating In U.S.
President Donald Trump said Saturday he’s given his “blessing” to a proposed deal that would see the popular video-sharing app TikTok partner with Oracle and Walmart and form a U.S. company. Trump has targeted Chinese-owned TikTok for national security and data privacy concerns in the latest flashpoint in the rising tensions between Washington and Beijing. The president’s support for a deal comes just a day after the Commerce Department announced restrictions that if put in place could eventually make it nearly impossible for TikTok’s legions of younger fans to use the app. Trump said if completed the deal would create a new company likely to be based in Texas. “I have given the deal my blessing,” he said. “If they get it done, that’s great. If they don’t, that’s OK too.” Trump said the ne...
Oracle Reportedly Wins TikTok Bid
Sourced from Cosmico Oracle and ByteDance have reached a “technical partnership” for TikTok’s US operations, according to The Wall Street Journal. This, however, does not include the sale of the popular video-sharing app. A number of people familiar with the matter believe that Oracle will address the national security concerns surrounding TikTok, raised by the Trump Administration. Sources told FT that the US tech company was already in “preliminary talks with TikTok owner Bytedance, and was working with a group of investors that already holds a stake in the Chinese company.” This comes shortly after Microsoft revealed that ByteDance has rejected its bid to acquire TikTok – the acquisition would’ve allowed Microsoft to own and operate the TikTok service in the United States, Can...
TikTok Sale: ByteDance Partners With Oracle
ByteDance has selected Oracle as its partner for a deal to keep TikTok operating in the U.S., a source familiar with the talks confirms to The Hollywood Reporter. The decision comes as ByteDance has rejected a bid by Microsoft that earlier this summer was seen as the likely option for the company as it looked to avoid a shutdown of the popular social media app amid increased tensions between the U.S. and China. Microsoft confirmed that its bid had been rejected in a statement on its corporate blog on Sunday night. “We are confident our proposal would have been good for TikTok’s users, while protecting national security interests,” the company wrote. “To do this, we would have made significant changes to ensure the service met the highest standards for security, priv...
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