Congress must ensure that the TikTok transaction complies with a law that President Trump has unconstitutionally refused to enforce all year.
TikTok's long running clash with Washington has finally produced a concrete answer to the question of who will control the ...
The concerns on TikTok’s ownership date back to 2020, when Trump accused the app of mishandling the Covid pandemic and ...
Technology Technology The Big Story  TikTok signs agreement for U.S. spin-off TikTok on Thursday signed a deal to spin off ...
Social media giant TikTok struck an agreement to put its U.S. operations under the majority control of U.S. investors, ...
Quick Read Oracle (ORCL) shares jumped 5% in premarket trading after ByteDance signed binding agreements for a U.S. TikTok joint venture. Oracle amd others will hold up to 50% alongside other American ...
U.S. stocks are rising following an encouraging report on inflation that could help the Federal Reserve keep cutting interest ...
A pair of Democratic senators are calling for a review of a possible Paramount-WBD deal because of possible foreign ...
Oracle's debt is rising as cash flies out the door to fund AI data centers. The company already has a debt-heavy balance sheet, and it will need to borrow more to fund its AI infrastructure contracts.
JPMorgan: Second-quarter financial results from Oracle showed the company is a key beneficiary of AI infrastructure demand, Murphy wrote. "The company again posts a material step-up in RPO, highlights ...
Oracle (ORCL) stock fell nearly 11% Thursday after the tech firm's quarterly AI costs rose ahead of Wall Street's expectations and revenue fell short. Oracle reported capital expenditures of $12 ...
Oracle is one of many companies that has a major contract with OpenAI. (Justin Sullivan/Getty Images) The artificial-intelligence trade that has fueled the market’s rally can swing in either direction ...