The deal is expected to close next month, with Oracle, Silver Lake and MGX owning 45% of TikTok’s U.S. business.
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world.
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 ...
Three months after Larry Ellison briefly became the world’s richest person, a historic slide in Oracle Corp. shares sent his ...
Oracle’s stock fell more than 12% on Thursday on growing fears about the software giant’s massive AI spending — shaving more ...
Larry Ellison saw his wealth plunge after Oracle's earnings miss spooked investors and raised fresh questions about the ...
For a moment earlier this year, Larry Ellison was the richest man in the world. Although the Oracle co-founder only briefly ...
Larry Ellison dropped among the ranks of the world’s richest people on Thursday, falling to No. 3 as Oracle’s stock paced its worst single-day rout in nearly a year after the cloud services firm ...
Larry Ellison’s net worth dropped by nearly $25 billion after Oracle’s shares slid 11%, as heavy AI spending and rising debt ...
Oracle founder Larry Ellison, 81, lost $25 billion of his fortune in a single day, marking one of the largest single-day ...
Larry Ellison shares two children with his ex-wife, Barbara Boothe: David Ellison and Megan Ellison. Here's everything to ...
In rejecting Paramount ’s hostile takeover bid, Warner Bros. questions the Ellison family trust and its commitment to a $77.9 ...