How to Grease a Chatbot: E-Commerce Companies Seek a Backdoor Into AI ResponsesRead more

Oracle's Larry Ellison. Photo by Bloomberg

Oracle’s Winning TikTok Hand: The Information’s Tech Briefing

Photo: Oracle's Larry Ellison. Photo by Bloomberg

The drama over TikTok is far from resolved but right now it looks like Oracle may be one of the big winners from the saga. Its stock price rose 4% today on news that the ageing enterprise software giant would be a “trusted technology provider” to TikTok—in a deal the details of which remain murky. But simply being a tech partner is enough to give Oracle something of a new look with investors. As one close observer of the company said today: "People have talked more about Oracle in the last week than in the last six months."

Oracle shareholders will be thinking it’s about time. Oracle shares have been a poor performer, to put it charitably, for several years now. Over the past five years, Oracle stock underperformed the broad stock market as measured by the S&P 500 which, particularly for a tech stock, is saying something. Over the same period, by comparison, Microsoft is up five times the increase in the S&P.

Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Microsoft's Satya Nadella, left, and Peter Lee. Photo by Bloomberg, Microsoft
How Microsoft Swallowed Its Pride to Make a Massive Bet on OpenAI
Satya Nadella didn’t want to hear it. Last December, Peter Lee, who oversees Microsoft’s sprawling research efforts, was briefing Nadella, Microsoft’s CEO, and his deputies about a series of tests Microsoft had conducted of GPT-4, the then-unreleased new artificial intelligence large-language model built by OpenAI.
Chris Britt, co-founder and CEO of Chime.
Exclusive startups Finance
Chime’s Slowdown Highlights Limits of Bank Disruptors
Chime found a way to offer zero-fee banking services without being a bank itself. But that approach is starting to show its limits.
Art by Clark Miller
The AI Age e-commerce ai
How to Grease a Chatbot: E-Commerce Companies Seek a Backdoor Into AI Responses
When Andy Wilson’s company received its first successful client referral through ChatGPT, he was shaken to his core.
Art by Clark Miller
The Big Read markets Finance
The Master of Destruction Rides Again
In the spring of 2022, the irascible Wall Street short seller Marc Cohodes was in a particularly foul mood.
Art by Mike Sullivan
startups asia
Venture Capitalists Face Pressure to Divest From China
Silicon Valley venture capitalists are coming to terms with a new reality: Their once-prized China investments may be victims of a simmering cold war.
Art by Clark Miller.
Social Studies culture
The Day TikTok Went Dark in India
On June 29, 2020, as thunderstorms swept Mumbai and daily Covid-19 cases in India surged by almost 20,000, millions of people began experiencing a flood of network errors on their mobile devices.