TikTok has agreed to sell its U.S. operations to an investment group that includes Oracle, Silver Lake, and UAE-based company MGX, reports Axios. The "TikTok USDS Joint Venture LLC" that includes the ...

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.

Oracle stock fell 11% today, as investors fret over how much the company is spending to build out AI data centers for OpenAI and others. Oracle Chairman Larry Ellison, whose roughly 40% stake has made ...

Oracle’s quarterly earnings topped expectations, but revenue came up short. Investors have question whether the company’s artificial intelligence investments are justified. Oracle picked up ...

The New York State Gaming Commission approved casino licenses for Resorts World New York City (OTCPK:GEBHF), Bally's (BALY) Bronx project, and the Metropolitan Park casino led by Steve Cohen and Hard ...

Oracle ORCL2.47%increase; green up pointing triangle has never given up gains this big, this fast. Investors nervous about the scale of capital that technology companies are plowing into ...

BRUSSELS (Reuters) -Europe's telecoms operators are set to gain access to the bulk of key spectrum coveted also by internet providers, with the backing of an advisory body ‌to the European Commission, ...

Nebius' problem is one most startups dream of: it has sold out of capacity and can't build fast enough. Its plan to reach 2.5 gigawatts of contracted power by 2026 will require billions in upfront ...

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In 2025, ten US multinational companies have reached a market capitalization exceeding $1 trillion. Oracle Corp stands as the next potential entrant, with a market value around $781 billion, poised to ...

It takes a lot of computing power to run an AI product — and as the tech industry races to tap the power of AI models, there’s a parallel race underway to build the infrastructure that will power them ...