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.

An internal memo says its algorithm will be retrained on US user data after the deal closes in January. An internal memo says its algorithm will be retrained on US user data after the deal closes in ...

Shares of enterprise software giant Oracle (NYSE:ORCL) jumped 7.3% in the morning session after reports surfaced that TikTok's parent company, ByteDance, agreed to form a U.S. joint venture that would ...

TikTok told employees it signed a deal with investors for a US joint venture, per an internal memo. The move will allow TikTok to operate as an independent entity in the US, the memo said. The Trump ...

TikTok's owner has signed a deal to sell a portion of its US assets to a consortium of investors. Oracle, Silver Lake, and MGX will own 45% of the new joint venture. ByteDance, TikTok's parent company ...

TikTok has signed a deal to spin-off its U.S. operations to a group controlled by mostly American investors, including software giant Oracle, a company run by billionaire Trump ally Larry Ellison.

Oracle Corporation shares dropped 11% after a minor revenue miss on Thursday, presenting a potential buying opportunity amid strong underlying fundamentals. The Cloud firm's record $523B in RPO, up ...

Did people complain – and by people, we mean Wall Street – as the world’s largest bookseller invested huge amounts of money to transform itself into an alternative to driving to Wal-Mart? Or, better ...

Oracle remains a 'strong buy' despite a 39.7% stock decline, driven by robust cloud and software growth. ORCL's cloud infrastructure revenue surged from $2.43B to $4.08B, with management raising 2030 ...

Shares in the technology company are down as investors grow anxious that its bet on artificial intelligence, and OpenAI in particular, may not pay off. By Andrew Ross Sorkin Bernhard Warner Sarah ...

Oracle (ORCL) shares fell more than 11% in after-hours trading, following the Q2 fiscal 2026 report, a sharp repricing that seemingly contradicts the main narrative of booming AI demand. While most ...