Joint venture will take over part of app’s US operations, including data protection, algorithm security and content moderation Business live – latest updates US politics live – latest updates TikTok ...

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 ...

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.

Oracle and other firms are taking out loans to build data centers that they will rent to AI companies. Investors are starting to wonder if that bet will pay off. Stocks in some major companies ...

Oracle on Friday pushed back against a report that said the company will complete data centers for OpenAI, one of its major customers, in 2028, rather than 2027. An Oracle spokesperson did not specify ...

Dec 12 (Reuters) - Oracle denied on Friday a media report that it was delaying OpenAI-related data centers, following investor worries over its debt-fueled AI infrastructure buildout. Bloomberg News ...

It turns out infinite growth might not actually be possible. On Friday, Bloomberg reported that Oracle will be delaying some of its data center projects for OpenAI for at least a year due to labor and ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Oracle stock slumped after it reported disappointing revenues on Wednesday alongside a $15bn increase in its ...

After its initial sell through during the Singapore race weekend and the initial online release, the Hypebeast x Oracle Red Bull Racing x Castore collaboration is now available once again. Oracle Red ...

Oracle Corporation (NYSE: ORCL) has seen a significant market reaction following its bold shift towards artificial intelligence (AI), resulting in a 25% drop in shares over the past month. What ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Oracle has been hit harder than big tech rivals in the recent sell-off of tech stocks and bonds, as its vast ...