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Budi

(15,325 posts)
6. Oracle's ties to Mr. Trump are deep. (As in, pay to play & follow the money)
Sat Sep 19, 2020, 07:32 PM
Sep 2020
Trump makes no business deal without it benefitting him.


As always, follow the money. Oracle was rewarded for supporting Trump.
Oracle wanted to be a player like Microsoft.
Oracle wanted TikTok & Trump strong-armed a deal.
Question is: How much is Trump's cut in the deal?


FROM NY TIMES:

Is This How the TikTok Saga Ends?

https://www.google.com/amp/s/www.nytimes.com/2020/09/14/business/dealbook/tiktok-oracle-deal.amp.html

SNIP
And then there was Oracle?
• As Andrew notes, Oracle’s bid resembles Microsoft’s original proposal of serving as a technology partner and minority owner — something that President Trump rejected, saying that TikTok’s U.S. arm had to be sold altogether.

How much did politics play a role?

Oracle’s ties to Mr. Trump are deep. Its co-founder, Larry Ellison, has raised money for Mr. Trump, while its C.E.O., Safra Catz, was the only major tech executive to serve on the president’s transition team.
Last month, Mr. Trump publicly supported Oracle’s efforts, calling it a “great company.”


More...
not sure how he has any authority to do any of this nt msongs Sep 2020 #1
I do not either. How can a Pres of the US get involved. ??? riversedge Sep 2020 #14
He Doesn't ProfessorGAC Sep 2020 #21
folds like a cheap walmart suit dweller Sep 2020 #2
That's bizarre -- a $5b contribution to "education"? ananda Sep 2020 #3
+1 to fund the Hitler Youth Program bronxiteforever Sep 2020 #11
On Bloomberg they talked about Turbineguy Sep 2020 #4
It isn't clear why Walmart got involved in this. Seems like Oracle could have handled all of iluvtennis Sep 2020 #5
Oracle's ties to Mr. Trump are deep. (As in, pay to play & follow the money) Budi Sep 2020 #6
insider trading stocks right in the open, guess the SEC is compromised also. nt yaesu Sep 2020 #7
pure fucking extortion DaisyTom Sep 2020 #8
Welcome to DU and you hava grasp of the situation StClone Sep 2020 #9
Huge claims and promises followed by Mr.Bill Sep 2020 #10
Exactly! displacedtexan Sep 2020 #15
I wonder how much kickback he got in a unnamed bank account? kimbutgar Sep 2020 #12
In other words. . ."wet my beak" DinahMoeHum Sep 2020 #16
Again, Trump creates a mess C_U_L8R Sep 2020 #13
So . . . in order to keep China from getting information via Tik Tok, he supports selling it to ET Awful Sep 2020 #17
trumps shaking down businesses now, duforsure Sep 2020 #18
You think like me. This is what mob bosses do... Illumination Sep 2020 #19
God help us. zanana1 Sep 2020 #20
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