Cloud giant Oracle has claimed a potential ban on TikTok in the US could significantly impact its business financially. In its latest annual report, released for the 12 months ending May 31 to the ...

But in a U.S. economy without TikTok, the company would be forced to shoulder some losses. One Wall Street bank provided an estimate as to exactly how much the TikTok ban would hurt Oracle.

Over the last few months, the US has threatened to ban the popular social media platform TikTok. For many years ... but it is also used as a way to conduct business. Creators and trendsetters ...