Today’s news: Oracle wins proposed deal with TikTok, the pitch deck that helped tech firm BrandTotal raise $20 million, and how to get a job at Publicis Groupe-owned Kekst CNC.
The proposed deal has been submitted to the US government for approval. In a statement, TikTok said, the deal “would resolve the Administration’s security concerns.”
The exact terms of the deal are not clear but Oracle’s proposed plan is not a straight acquisition of TikTok’s US business.
Patrick Coffee reports that the firm’s deck to investors plays up its technology that can identify “dark” social media posts that are only visible to people a brand is targeting.
According to the deck, advertisers can use the software to figure out where competitors are spending and who they’re targeting.
The firm has more than 250 employees advises on mergers and financial crises. It has advised on famous deals like Kohlberg Kravis Roberts’ acquisition of RJR Nabisco.
At Kekst CNC, where employees have backgrounds in law, journalism, finance, and other professional services industries, candidates can expect to interview with people at their level and undergo a writing test.
