TikTok has agreed to sell its U.S. operations to an investment group that includes Oracle, Silver Lake, and UAE-based company MGX, reports Axios. The "TikTok USDS Joint Venture LLC" that includes the ...

TikTok moved to end a years-long political and legal battle on Thursday as Chief Executive Officer (CEO) Shou Chew told staff the company signed a deal to sell its U.S. unit to an American-led ...

Abu Dhabi's state investment fund will also be a managing investor. By Alex Weprin Senior Editor The TikTok sale is officially happening, with a consortium of American investors set to take over U.S.

Oracle stock fell 11% today, as investors fret over how much the company is spending to build out AI data centers for OpenAI and others. Oracle Chairman Larry Ellison, whose roughly 40% stake has made ...

Oracle’s quarterly earnings topped expectations, but revenue came up short. Investors have question whether the company’s artificial intelligence investments are justified. Oracle picked up ...

Oracle ORCL2.47%increase; green up pointing triangle has never given up gains this big, this fast. Investors nervous about the scale of capital that technology companies are plowing into ...

Nebius' problem is one most startups dream of: it has sold out of capacity and can't build fast enough. Its plan to reach 2.5 gigawatts of contracted power by 2026 will require billions in upfront ...

In 2025, ten US multinational companies have reached a market capitalization exceeding $1 trillion. Oracle Corp stands as the next potential entrant, with a market value around $781 billion, poised to ...

Oct 22 (Reuters) - OpenAI, along with Oracle (ORCL.N), opens new tab and Vantage Data Centers, will develop a data center campus in Wisconsin, as part of the Stargate project, to keep the U.S. ahead ...

Nato has announced it has chosen Oracle to secure battlefield communications. The organisation’s Cooperative Cyber Defence Centre of Excellence (CCDCOE) has selected Oracle and Druid Software to build ...