Oracle (ORCL) stock dropped over 40% from its September peak of $877B valuation. Oracle’s $300B OpenAI contract assumes spending Oracle cannot guarantee. Oracle’s remaining performance obligations hit ...

Larry Ellison is putting his over $250 billion fortune on the line to bankroll his son’s Hollywood power play. The 81-year-old Oracle founder has agreed to personally guarantee up to $40.4 billion to ...

TikTok’s Chinese owner, ByteDance, has signed binding agreements to transfer control of the app’s U.S. operations to a new investor-led entity, marking a major step toward avoiding a nationwide ban ...

Oracle stock fell to its lowest levels since early June, extending its late autumn slump, as investors continue to question the huge amounts of debt the cloud-computing company is taking on to fund ...

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 ...

Oracle (ORCL) shares jumped more than 6% in pre-market trading to around $190 after Bloomberg reported that TikTok signed binding agreements to form a new U.S. joint venture led by Oracle, helping ...

TikTok has signed a deal to spin-off its U.S. operations to a group controlled by mostly American investors, including software giant Oracle, a company run by billionaire Trump ally Larry Ellison.

TikTok and Chinese owner ByteDance signed agreements with Oracle and two other investors to form a new U.S. joint venture. Oracle stock jumped on the news.

TikTok’s Chinese owner, ByteDance, signed binding agreements with three major investors to sell just over 80% of the company’s US assets to American and global investors to avoid a US government ban, ...

SAN FRANCISCO (AP) — TikTok has signed a deal to sell its U.S. business to three American investors — Oracle, Silver Lake and MGX — ensuring the popular social video platform can continue operating in ...