Oracle gains on cloud growth from large RPOs, discounted valuation, backlog monetization, and a 30%+ growth outlook. Read why ...
TikTok has finalized a deal with new US owners including Oracle, MGX, and Silver Lake. However, these investors will not have ...
The algorithm is deemed core to TikTok's global success, and until a few months ago, ByteDance's position was that it would rather shut down the app in the US than sell it ...
TikTok’s US joint venture gives Oracle and others a stake, but ByteDance will retain control of ads and e-commerce, a leaked ...
The deal comes more than a year after Congress passed a law that forced its owner ByteDance to divest its US operations or ...
Stocks gained ground on Wall Street as AI stocks like Nvidia turned higher again. The S&P 500 rose 0.9% Friday, erasing its losses for the week.
TikTok's new US joint venture will hand over national-security related tasks to its partners, while ByteDance holds onto key ...
TikTok's Chinese owner, ByteDance, on Thursday signed binding agreements to hand control of the short video app's U.S.
The debt-to-equity (D/E) ratio is a financial metric that helps determine the level of financial risk associated with a company's capital structure. Considering the debt-to-equity ratio in industry ...
TikTok announced a deal to sell its U.S. assets to a group of three companies. One of them was co-founded by this Florida billionaire.
TikTok, which is owned by China’s ByteDance, has inked an agreement to sell a majority of its US business to three investors.
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