TikTok’s top executive announced to employees that ByteDance, the social-media juggernaut’s parent company, has signed deals to create a U.S. joint venture majority-owned by U.S. companies, Bloomberg ...
Illustration of TIK TOK, October 16, 2025. TikTok is a mobile application for sharing short creative videos and images, as well as a social network based on a recommendation algorithm favoring ...
TikTok on Thursday signed a deal to spin off its U.S. business, bringing to a close a months-long saga to keep the popular social media app available in the U.S. Nearly 50 percent of the assets — or ...
It comes after Congress passed a law last year banning TikTok in the U.S. TikTok has signed a deal to form a new U.S. joint venture controlled by mostly American investors that include Oracle ...
SAN FRANCISCO — TikTok has signed agreements with three major investors — Austin-based Oracle Corp., Silver Lake and MGX — to form a new TikTok U.S. joint venture, ensuring the popular social video ...
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NEW YORK, Dec 11 (Reuters) - Major stock indexes mostly rose on Thursday, with the Dow and S&P 500 posting record closing highs even as technology-related shares fell following disappointing forecasts ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Oracle stock slumped after it reported disappointing revenues on Wednesday alongside a $15bn increase in its ...
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 ...
SALINE, MI — More than 100 Saline area residents braved the cold Monday evening Dec. 1 to protest a $7 billion hyperscale data center project in Saline Township and DTE Energy’s plan to power the ...
Oracle (ORCL) shares fell 28% in the past month as AI infrastructure fears triggered a 40% peak-to-trough correction. Oracle holds a colossal cloud contract with OpenAI and stands to benefit directly ...
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