larry ellison oracle

Summary List Placement

Larry Ellison, the founder, board chairman, and chief technology officer of Oracle, donated $250,000 to a pro-Lindsey Graham super PAC in September as the deal for the company to become the US technology partner of TikTok closed, The Verge reported.

The donation was made to The Security is Strength PAC, which has exclusively supported Graham’s political ambitions, according to The Verge report Saturday. 

According to filings from the Federal Election Commission, Ellison made the donation on September 14 — the same day Oracle confirmed it had won a bid to become the US “technology partner” of TikTok, beating out Microsoft, which had been believed to be the front runner. 

A spokesperson for Oracle did not immediately return Business Insider’s request for comment on Saturday. A spokesperson for Graham’s campaign told The Verge on Saturday it — by law — had “no affiliation” with the super PAC.

TikTok has garnered bipartisan concern as a result of its ownership by the Chinese company ByteDance. US officials have feared the company may share users’ data with the Chinese government. TikTok has long denied the allegations.

The app over the summer came under the crosshairs of President Donald Trump, who in August issued …read more

Source:: Businessinsider – Technology


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