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

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 ...

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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 ...