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 ...

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 ...

SALINE TWP., MI — Reports have surfaced that funding for a controversial hyperscale data center project in a rural Michigan community near Ann Arbor is up in the air. But a Big Tech giant and its ...

Stocks dropped sharply Wednesday as jitters about the booming artificial intelligence sector once again returned to the top of investors' minds. The catalyst for the tumble was, once again, a story ...

Shares in Oracle opened almost 12% lower in Frankfurt trade today, tracking US after hour losses after the company forecast sales and profit that missed analyst estimates. Oracle said spending would ...

Dec 10 (Reuters) - Oracle forecast sales and profit that missed analyst estimates on Wednesday, while saying that spending would rise by $15 billion compared with earlier estimates - a sign that big ...

Oracle's cloud revenue growth may be cooling Oracle's adjusted profit boosted by $2.7 billion Ampere sale Oracle's future contracts rise 14.94% to $523 billion Shares fall 10% in extended trading Dec ...

Equity investors are growing increasingly concerned about the amount of leverage that Big Tech is taking on to build out its artificial intelligence infrastructure as the industry faces rising fears ...

Oracle has reinvented itself as a leading AI infrastructure platform, driving a significant surge in share price and market relevance. ORCL's cloud segment, including Oracle Cloud Infrastructure, is ...