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 ...

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, ...

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, ...

・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 ...

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 ...

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.

(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 ...

Quick Read Oracle (ORCL) raised fiscal 2026 capex guidance to $50B from $35B. Oracle’s stock has nearly halved despite aggressive AI infrastructure buildout. Oracle’s total debt and lease obligations ...