The German software company SAP is sentenced to pay its competitor Oracle $1.3 billion for infringement of copyright, according to The Wall Street Journal.
Oracle Co-President Safra Catz said “this is the largest amount ever awarded for software piracy.”
SAP has admitted liability for a the actions done by TomorrowNow, the now discontinued business unit, that abused Oracle’s intellectual property, infringing on 120 copyrights.
President Donald Trump said he approved a deal on Saturday that will see the creation of a U.S.-headquartered firm called TikTok Global with Oracle and Walmart taking minority stakes. Oracle will become TikTok's secure cloud provider and host U.S. user data.
TikTok rejected Microsoft bid. They will make a partnership with Oracle to appease the demands of Donald Trump's administration.
In the ongoing saga between TikTok and the US, it seems that Microsoft and Oracle are now out of contention. Here's what to know.