TikTok has signed binding agreements with a group of investors, including Oracle Corp. (NYSE: ORCL), Silver Lake and Emirati investment firm MGX, to form a new TikTok U.S. entity, reported The ...

Oracle (ORCL) stock jumped 9.6% to $155.95 Monday as D.A. Davidson upgraded to Buy citing OpenAI's $40B cash and TikTok USA's $800M revenue contribution.

TikTok’s Chinese owner, ByteDance, signed binding agreements with three major investors to sell just over 80% of the company’s US assets to American and global investors to avoid a US government ban, ...

・Oracle shares were up more than 8% in Friday’s midday trade after China’s ByteDance struck a deal to sell TikTok’s U.S. operations to a new entity, TikTok USDS Joint Venture, which includes the ...

TikTok’s parent company ByteDance Ltd. has revealed plans to jack up its already heavy spending on artificial intelligence infrastructure next year as it races to catch up with U.S. technology giants, ...

U.S. joint venture would help the company diversify and give it its very first "foray into a consumer business," according to Seeking Alpha analyst Gary Alexander. TikTok (TIKTOK) has formed a ...

After a year of stalled negotiations, TikTok owner ByteDance has reportedly agreed to Donald Trump’s deal giving US owners majority ownership of the app. By signing the agreements, ByteDance has ended ...

This is read by an automated voice. Please report any issues or inconsistencies here. TikTok and ByteDance have signed binding agreements to create a U.S. joint venture majority-owned by American ...

Oracle is executing a transformation that leverages its database core while supplying data center infrastructure. Read what ...

TikTok's U.S. operations will be housed in a new joint venture, according to a memo sent to employees by CEO Shou Zi Chew. The entity is named TikTok USDS Joint Venture LLC. As part of the venture, ...

(Bloomberg/Echo Wong and Min Jeong Lee) — ByteDance Ltd. is on track for profits of roughly $50 billion in 2025, capping a record year for a Chinese social media leader making major inroads into ...

By Kanishka Singh WASHINGTON, Jan 27 (Reuters) - Oracle on Tuesday said issues faced by U.S. users of social media app TikTok are the result of a temporary weather-related power outage at an Oracle ...