TikTok owner ByteDance is set to expand its outlay on AI next year, with the company making preliminary plans to spend $23B, or RMB 160B, in ...
It looks like after a string of losses, cloud and software services provider Oracle (ORCL) has finally scored a win.
TikTok's parent is out-earning expectations, sealing US deals, and drawing sky-high private valuations as AI ambitions ...
Shares of Oracle Corporation are trading higher Friday after reports confirmed the technology company will be one of TikTok's ...
TikTok CEO Shou Chew has announced that parent company ByteDance (BNDCE) has signed binding agreements to create a U.S. joint ...
TikTok has agreed to form a new U.S.-based joint venture with investors including Oracle and Silver Lake, reducing ...
TikTok's Chinese owner, ByteDance, on Thursday signed binding agreements to hand control of the short video app's U.S.
TikTok has signed binding agreements to create a US joint venture that will be majority-owned by American investors, according to an internal memo from CEO Shou Chew to employees.
A memo from TikTok’s top executive reportedly says that the social-media phenomenon inked deals to create a U.S. joint ...
Shares of enterprise software giant Oracle (NYSE:ORCL) jumped 2.9% in the afternoon session after the stock's positive ...
The deal, set to close on January 22, would end years of efforts to force ByteDance to divest its U.S. business over national ...
Oracle (ORCL) stock rises after TikTok U.S. joint venture news, highlighting growth in cloud infrastructure and AI workloads.