President Trump Set to Sign TikTok Deal
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U.S. President Donald Trump is anticipated sign an agreement on Thursday to facilitate the sale of TikTok from China-based ByteDance to a group of
Our long international nightmare may soon be over. Both China and the U.S. seem to be in agreement about the terms under which TikTok U.S. will be sold to a new company majority-owned by Americans, judging by a statement overnight from a Chinese government official.
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Why Oracle Stock Dropped Today
Oracle ( ORCL -1.60%) stock tumbled 5% through 11 a.m. ET, as investors rethink their enthusiasm for the longtime database software company that's turned into a red-hot play on artificial intelligence (AI) through its relationship with OpenAI.
The call was a very good one, we will be speaking again by phone, appreciate the TikTok approval, and both look forward to meeting at APEC!” But who, exactly, will be in charge of TikTok’s US-based operations (and the data of millions of Americans users)?
A new report by DCDX looked at the top 50 brands for 2025, measured by organic popularity and consistency with user-generated content on TikTok, Instagram and YouTube.
This clearly is an expansion of Oracle's original business, and now it looks as if this tech giant may be expanding further: Oracle, as part of a consortium, may take a stake in TikTok, according to press reports. China's ByteDance, TikTok's owner, has been under pressure from the U.S. to divest its U.S. business or face a shutdown in the country.