Welcome to the Tech Meme Right Home for Monday, September 14th, 2020.

I'm Brian McCullough. Today has Oracle Save Tik-Toc in the US at least.

Let me explain why it's not actually buying anything

probably isn't solving the security problem Microsoft says it would have

solved and why China is keeping its hands on the algorithms.

On a normal day, news of NVIDIA Buying Arm would have been the headline,

and who has more pie on their face,

One Plus or U.S. Customs agents.

Here's what you miss today in the world of tech.

Sources everywhere are reporting that Oracle has apparently won the bidding for the US operations of Tik-Tok,

although the deal will not include Tik-Tok's vaunted algorithms,

and the deal will likely not be structured as an outright sale anyway.

No actual assets might be changing hands.

Instead, Oracle will be Tic-Toc's, quote, trusted tech partner.

So in essence, I guess Oracle's

going to become Tik-Tox technology vendor in the US

or something, quoting the Wall Street Journal.

Two people familiar with the Oracle deal said it was more appropriate to call it a

partnership rather than an acquisition suggesting that there wasn't an exchange of

significant assets. At least some of bite dances existing investors including U.S. investment firm Sequoia Capital

and General Atlantic, will get stakes in the venture as part of the deal, said people familiar with the matter.

The possibility that a deal might not involve an outright sale was previously reported by the Wall Street Journal.

...