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Source: Oracle has won the bidding for the US operations of TikTok as a “trusted tech partner”; the deal will likely not be structured as an outright sale

Well, sources everywhere are reporting that Oracle has won the bidding for the US operations of TikTok, although the deal WILL NOT include TikTok’s vaunted algorithm, oh, and the deal will likely not be structured as an outright sale anyway. Instead, Oracle will be TikTok’s “trusted tech partner.” So, in essence, it’s just going to become its technology vendor. Or something.

More: Wall Street Journal

Nvidia to buy Arm from SoftBank in a $40B deal, says it will keep Arm's HQ in UK, expand R&D facilities there, and keep Arm's open licensing business model

On a normal news day, this would have been the lead story because, again, this is another sign of the complete transformation of the chip sector that we’ve been talking about so much recently. Nvidia is officially going to buy ARM from SoftBank in a $40B deal. Nvidia says it will keep Arm’s HQ in the UK, and will actually expand R&D facilities there. Oh, and they intend to keep Arm’s open licensing business model, which is, obviously, an attempt to reassure Arm’s existing license partners and not blow up the existing ARM business prematurely.

More: Forbes

Verizon says it has agreed to buy prepaid wireless reseller TracFone for up to $7B in cash and stock

I guess it’s just a day of deals. Verizon has also announced it has agreed to buy prepaid wireless reseller TracFone for up to $7B in cash and stock.

More: Wall Street Journal

Low-code database service Airtable raises $185M Series D at $2.58B post-money valuation and launches Airtable Apps, a JavaScript-based no-code development tool

Remember us discussing No Code being among the new hotness? Interesting raise Monday. Low-code database service AirTable has raised a $185M Series D at a $2.58B post-money valuation. They also took the opportunity to launch Airtable Apps, a JavaScript-based no-code development tool.

More: TechCrunch

US Customs seized a shipment of OnePlus Buds thinking they were counterfeit Apple AirPods

A charge leveled at a lot of tech hardware makers is that their designs are so close to the hardware designs of other companies… especially when that other company is apple… that it can be difficult to tell various pieces of hardware apart. Well, US Customs apparently seized a shipment of OnePlus Buds, the AirPod competitors from OnePlus, because the customs agents thought they were counterfeit Apple AirPods. Insert your joke here.

More: The Verge

LG announces Wing, a smartphone with a 6.8-inch main “twisting” display and a 3.9-inch display underneath; release data and price TBA

Finally today, you know I’ve been rooting for foldable phones because, number one, the concept appeals to me. I could have a bigger screen when I needed one, but I could still carry around a device that can fit in my pocket. And also, I just really like to see any sort of hardware innovation in the smartphone space that has just been giant slab of glass for too long. At the same time, a lot of folks seem to just think of foldable phones as a gimmick. They’ll probably think that about this as well, but again: innovation, people!

Say hello to the LG Wing, a smartphone with a 6.8-inch main “twisting” display. Yes, a display that twists around, revealing a 3.9-inch display underneath. So that you can… well… that part is a bit unclear.

More: The Verge