Majority US-owned venture includes Larry Ellison’s Oracle, private-equity group Silver Lake and Abu Dhabi’s MGX TikTok announced on Thursday it had closed a deal to establish a new US entity, allowing ...

TikTok is now under new ownership in the US, but what happens next? TikTok is now under new ownership in the US, but what happens next? is a senior editor following news across tech, culture, policy, ...

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 ...

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.

Dec 12 (Reuters) - Oracle denied on Friday a media report that it was delaying OpenAI-related data centers, following investor worries over its debt-fueled AI infrastructure buildout. Bloomberg News ...

It turns out infinite growth might not actually be possible. On Friday, Bloomberg reported that Oracle will be delaying some of its data center projects for OpenAI for at least a year due to labor and ...

LONDON, Dec 11 - By Anna Szymanski, Editor in Charge, Reuters Open Interest What matters in U.S. and global markets today Sign up here. But Oracle could prove to be the Grinch that stole Wall Street ...

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 ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Oracle has emerged as the weakest member of the AI hyperscaler herd, with hedge funds now shorting both its ...

Cox Enterprises is notifying impacted individuals of a data breach that exposed their personal data to hackers who breached the company network after exploiting a zero-day flaw in Oracle E-Business ...