Overview

• Oracle's partnership with TikTok contributes between $480 million to $800 million in annual revenue.
• The law requires TikTok's Chinese parent, ByteDance, to divest within 12 months or face a US ban.
• Oracle's cloud infrastructure is critical for TikTok's US operations, storing and processing user data.
• Compliance with the new law may increase Oracle's operational costs.
• TikTok is challenging the legislation, arguing it violates the First Amendment.