A memo reportedly reveals that the new U.S. investors may wield significantly less influence than anticipated.

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.

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's parent is out-earning expectations, sealing US deals, and drawing sky-high private valuations as AI ambitions ...

Shares of enterprise software giant Oracle (NYSE:ORCL) jumped 2.9% in the afternoon session after the stock's positive ...

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.

TikTok's Chinese owner, ByteDance, on Thursday signed binding agreements to hand control of the short video app's U.S.

A memo from TikTok’s top executive reportedly says that the social-media phenomenon inked deals to create a U.S. joint ...

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.