Oracle, private equity firm Silver Lake, and Abu Dhabi-based investment company MGX each hold 15% equity stakes in the joint ...

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 ...

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 ...

The White House said on Tuesday that President Trump is weighing using the U.S. military to acquire the Danish territory of Greenland. “President Trump has made it well known that acquiring Greenland ...

The White House said Tuesday that President Donald Trump views acquiring Greenland as a national security priority and that the use of the U.S. military remains an option as his administration weighs ...

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 CEO Shou Chew told employees of the social media app Thursday that its owner, China’s ByteDance, has signed binding agreements to create a joint venture for the app in the United States, as ...

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.

TikTok’s long-delayed plan to separate from Chinese parent ByteDance Ltd. was put in motion Thursday when the video sharing sensation said it’s being bought by a group of buyers led by Oracle Corp.

WASHINGTON/HONG KONG, Dec 19 (Reuters) - TikTok's Chinese owner, ByteDance, on Thursday signed binding agreements to hand control of the short video app's U.S. operations to a group of investors, ...

Oracle lost a major financing partner for its Michigan data center, adding pressure to an already difficult week for the stock. The market is pricing Oracle bonds as riskier than its official credit ...