Leaders at Oracle , the main cloud computing provider for TikTok's U.S. operations, have told some staff to prepare to shut down servers that host U.S. TikTok data as soon as 9 p.m. ET on Saturday (0200 GMT on Sunday) in advance of a U.
President Donald Trump has denied holding talks with Oracle (ORCL) about a TikTok deal, saying that he has “spoken to many people about
U.S. President Donald Trump's administration is chalking out a plan to save TikTok which involves Oracle (ORCL). Read more here.
U.S. President Donald Trump said he is in talks with multiple people over buying TikTok and will likely have a decision on the app’s future within
TikTok said Sunday it was beginning to restore service for US users after going dark overnight following a new law that effectively banned the app.
With multiple suitors circling and Trump framing the situation as a deal-making exercise, TikTok's U.S. future is still up in the air. If a resolution is reached, it could set a precedent for tech ownership disputes between the U.
President Donald Trump told reporters on Monday that Microsoft (MSFT) is in talks to buy TikTok and that he’d like to see a bidding war over
Meta (META) will report its fourth quarter earnings after the bell on Wednesday, and analysts and investors will be looking for signs that the company’s massive AI spending is continuing to pay off. Last week,
Shares of Oracle Corp. (ORCL) rose by over 2% in mid-day trade on Tuesday after analysts at Jefferies noted that Monday's 14% hit due to DeepSeek-fueled concerns was “overdone.” According to TheFly, Jefferies analysts think that the launch of DeepSeek is “part of an ongoing evolution,
U.S. President Donald Trump said on Saturday he was in talks with multiple people over buying TikTok and would likely have a decision on the popular app's future in the next 30 days.
The Trump administration is negotiating a plan to save TikTok by involving Oracle (NYSE:ORCL) and U.S. investors to oversee the apps global operations, according to NPR. ByteDance, TikToks China-based parent company,