A weather-related power outage at an Oracle Corp. (NYSE: ORCL) data center caused technical disruptions for TikTok's U.S. users days after the app shifted its American operations to new U.S.-led ...

On Tuesday, Oracle told Reuters in an email statement that a temporary power outage at one of its U.S. data centers disrupted TikTok's services. This led to performance issues for American users over ...

The US version of TikTok is now under the control of Larry Ellison’s Oracle and a number of investment firms. The US version of TikTok is now under the control of Larry Ellison’s Oracle and a number ...

Washington — A year after a federal law that effectively mandated a nationwide ban on TikTok went into effect, the platform announced the formation of a new U.S.-based entity to comply with the ...

TikTok USDS Joint Venture LLC has been officially established to meet the requirements of the Executive Order signed by US President Donald Trump on September 25, 2025. The move aims to ensure that ...

TikTok and ByteDance have signed binding agreements with Oracle, Silver Lake, and MGX to form TikTok USDS Joint Venture LLC, with the deal set to finalize on January 22, 2026. The new structure grants ...

Oracle's stock jumped after the cloud provider joined a group of investors slated to lead TikTok's U.S. operations. The deal prevents a shutdown of the app in the U.S. over national security concerns.

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 ...

TikTok moved to end a yearslong political and legal battle on Thursday as CEO Shou Chew told staff the company signed agreements to form a new U.S. joint venture with American-led investors, with the ...

TikTok has signed binding agreements with a group of investors, including Oracle Corp. (NYSE: ORCL), Silver Lake and Emirati investment firm MGX, to form a new TikTok U.S. entity, reported The ...

TikTok CEO Shou Zi Chew arrives for the Inauguration of Donald J. Trump (Credit: Kevin Lamarque – Pool/Getty Images) TikTok came one step closer to finalizing its divestment deal to continue operating ...

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.