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QUESTION:
3) I don't understand how TikTok moving to Akamai is really based on geo political pressure only? Akamai is based in Cambridge, MA.

RESPONSE:
Oracle and Akamai Technologies have a long-standing business partnership going back to at least the year 2002. https://www.cnet.com/news/oracle-akamai-team-on-caching-tech...

TikTok is a viral Chinese video-sharing social networking service owned by ByteDance.

The United States Government has been fighting a "trade war" with China for the past several years. The "war" includes concerns about: theft of intellectual property and technology used to spy on America which is being manufactured in China and sold in the States. This is especially a concern for the transition to 5G and what may be hidden inside technology that America buys from China. Whether it is true or not, it is a major concern. https://www.cnbc.com/2018/10/04/chinese-spy-chips-are-said-t...

Companies in China are known to be more owned/controlled by the government and more secretive than "publicly owned" companies in the United States. The U.S government became concerned about the explosive use of a Chinese-controlled app (called TikTok) within its borders.

The most valuable commodity today is now data, just look at Snowflake. Unfortunately, data can be used for malicious purposes and as a "weapon," just look at the elections, Cambridge Analytica, CrowdStrike, Palantir, etc. As a result, the U.S. government issued a deadline for TikTok to transfer everything over to American borders (for the safety and protection of the entire country), or else TikTok use in the States would have to shut down. Apparently TikTok did get banned in India.

Two U.S. companies took over control of TikTok in the States. One was Wal-Mart and the other was Oracle. Under Chinese control, TikTok was using the CDN from Fastly. But Oracle had a long-standing business partnership going back to at least the year 2002 with Akamai. Under Oracle control, TikTok began using the CDN from Akamai.

It's not unusual for a public U.S. company like Fastly to be reticent about sensitive topics involving competition, customers, and divisive issues like politics. Sometimes competitors can become partners. Sometimes former customers can become return customers. In a tense political (and competitive) environment, is it best for a company to delve into the details of divisive drama? Or is it better to keep it simple, stupid? Fastly updated the public about the news in a simple and straightforward manner: "Due to the impacts of the uncertain geopolitical environment, usage of Fastly’s platform by its previously disclosed largest customer did not meet expectations..."

Does it have to be complicated with wild, unsubstantiated speculation that Fastly did something wrong with TikTok? Or what do they say, the simplest explanation is most likely the right one? Because of geopolitics, TikTok transferred to Oracle and their partner CDN.

FURTHER:
And for all the criticism about the original Fastly CEO becoming Chief Architect, it's not unusual for the "brains" of the operation to prefer being behind the scenes. One example that comes to mind was a little e-commerce company from a Canadian coder. The CEO almost stepped aside and gave the "public role" to someone else too. He ended up remaining CEO, but since it's no longer a little company, the CEO tends to let the COO, and now President, deal with a lot of the publicity. It comes to mind because it's also a company that does business with Fastly. On the homepage, it's the first company on the homepage under: "WE HELP GOOD COMPANIES DO GREAT THINGS." It's the one that starts with the letter S: https://www.fastly.com Don't mean to speculate here, but maybe folks at these two innovative companies understand each other and work well together.

Thursday night, Fastly CEO Joshua Bixby appeared on Mad Money with Jim Cramer. You can hear the full interview on the Mad Money podcast, or watch a clip on YouTube. Maybe they will post the entire interview on YouTube in the future. It's like how both Twilio CEO Jeff Lawson and Zscaler CEO Jay Chaudhry came on the show after similar volatility. Were they broken companies or just broken stocks? If you can find a leading-edge company that hasn't had a stumble or two along the way, then expand your time-frame because it happens to the best of them. Jeff Bezos, Reed Hastings, Jensen Huang, Elon Musk, and even the red-hot Frank Slootman.

ServiceNow hammered by error, pulls other B2B cloud stocks down with it
https://www.bizjournals.com/sanjose/news/2016/01/28/servicen...

Oops! Forecasting Error Hammers ServiceNow as Shares Fall 20 Percent
https://www.vox.com/2016/1/28/11589158/oops-forecasting-erro...

Why ServiceNow Inc. Stock Sank Today
https://www.fool.com/investing/general/2016/01/28/why-servic...

Frank Slootman's company stock went down 50% from the high ($90), but ever since, it's climbed from $45 to over $500 in about 5 years. Not bad, even after he left the company, and there's been 2 different CEOs since.
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