Metro Nashville officials are evaluating whether to spend $13.8 million in new infrastructure costs to allow a private company, Oracle, to set up shop in Davidson County. Metro Nashville At-Large Council Member Steve Glover told The Tennessee Star that council members on Tuesday approved an agreement — on the second reading — to invest the money. They then referred it for a final reading.Read More
Revance Therapeutics (Revance), a premiere biotechnology company, announced its plans to relocate its headquarters from Newark, California to Nashville. It is the fourth prominent company to depart from Silicon Valley this month.
Governor Bill Lee and Department of Economic and Community Development Commissioner Bob Rolfe shared the news in a joint press release with Revance. According to them, the company will invest over $10 million and create approximately 150 jobs.Read More
The topic was high tech: the code behind smartphones.
But on Wednesday the Supreme Court looked to more low tech examples, from the typewriter keyboard to restaurant menus, try to resolve an $8 billion-plus copyright dispute between tech giants Google and Oracle.
The case, which the justices heard by phone because of the coronavirus pandemic, has to do with Google’s creation of the Android operating system now used on the vast majority of smartphones worldwide. In developing Android, Google used some of Oracle’s computer code.Read More
A federal judge blocked the Trump administration’s attempt to block TikTok Sunday, giving the Chinese social media platform an opportunity to forge a deal with Oracle.
The decision gives TikTok’s parent company, ByteDance, more time to approve a deal with Oracle and Walmart, media reports show. Judge Carl Nichols’s decision came hours before President Donald Trump’s ban of the video-streaming app was expected to take place.Read More
President Donald Trump said Saturday that he approved a transaction between Oracle and TikTok that allows the Chinese application to stay in the United States.
Part of the arrangement requires the newly U.S.-based TikTok company to direct $5 billion toward teaching American children “the real history of our country,” Trump told reporters at the White House, Bloomberg reported Saturday. The president later told rally attendees in North Carolina Saturday that he is establishing a “large fund for the education of American youth.”Read More
U.S. Sen. Marsha Blackburn (R-TN) this week appeared on FOX Business Morning to discuss what she said was TikTok’s link with the Chinese Communist Party.
Blackburn discussed these matters with host Maria Bartiromo.Read More
Sen. Josh Hawley called on the Trump administration Monday to reject the partnership proposal Oracle reached with TikTok.
The Missouri Republican argued in a letter to Treasury Secretary Steven Mnuchin that the partnership won’t prohibit the Chinese Communist Party from controlling the app. Hawley said the Treasury Department’s Committee on Foreign Investment in the United States, which is responsible for approving or rejecting the deal, should reject anything other than a complete break from China.Read More
The short-video app TikTok has chosen Oracle as its corporate savior to avoid a U.S. ban ordered by President Donald Trump. The U.S. government will review the prospective deal.
That much is known. Everything else is confusion, at least to outsiders.Read More
With the COVID-19 pandemic, racial justice protests and the looming presidential election dominating the headlines, the upcoming Supreme Court case, Google v. Oracle, has been all but forgotten.
It may seem like an inconsequential lawsuit between two Silicon Valley rivals fighting over a coveted piece of technology. But that analysis is wrong. The case has enormous potential consequences, not just for the two companies in dispute, but for countless Tennesseans and the state’s economy.Read More