The deal is expected to close next month, with Oracle, Silver Lake and MGX owning 45% of TikTok’s U.S. business.

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The billionaire’s aggression, much of it derived from Sun Tzu, has served him well for decades. Pivoting Oracle into machine ...

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 ...

Oracle founder Larry Ellison, 81, lost $25 billion of his fortune in a single day, marking one of the largest single-day ...

Three months after Larry Ellison briefly became the world’s richest person, a historic slide in Oracle Corp. shares sent his ...

Oracle founder Larry Ellison distinguished between two AI model types: those requiring real-time, low-latency decisions for ...

Oracle stock fell 11% today, as investors fret over how much the company is spending to build out AI data centers for OpenAI ...

Oracle’s stock fell more than 12% on Thursday on growing fears about the software giant’s massive AI spending — shaving more ...

Warner Bros. Discovery (WBD) wants Larry Ellison to give a strong personal guarantee in signing that he is fully committed to ...

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 wealth takes a hit after Oracle stock drops on weak guidance and heavy AI spending. Read more.