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
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.
Despite potential TikTok tailwinds, we are initiating a Hold (Neutral) rating for ORCL, while urging traders to take part of their gains off the table. For the uninitiated, ORCL is a company that ...
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
U.S. President Donald Trump's administration is chalking out a plan to save TikTok which involves Oracle (ORCL). Read more here.
Sage Therapeutics rejects Biogen deal offer; Silvus Technologies considers sale/IPO; Allakos downsizes; MrBeast bids on TikTok.
The new president is tossing out some of the biggest names in the tech world as possible buyers of TikTok’s US operations, most recently Microsoft. "I like bidding wars because you make your best deals.
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,