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

Meta's Mark Zuckerberg now trails Amazon's Jeff Bezos, Alphabet's Larry Page and Sergey Brin, and Oracle's Larry Ellison in ...

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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 ...

Tesla CEO Elon Musk became the first billionaire to enter the $700 billion club, as per Forbes. With an overall increase of more than $147 billion, as compared to 2024. After winning his $56 billion ...

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

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

Larry Ellison just experienced the kind of market shock that even the world's richest investors rarely see in a single ...

For a reading of Wall Street's shifting mood on the artificial intelligence investment boom, take a look at the daily ...

Larry Ellison's towering stake in Oracle has always made his personal wealth a leveraged bet on a single stock. After a sharp ...

Paramount fired back that the Ellison family did provide the needed guarantees and pointed to Larry Ellison's long business record. Paramount said it would continue with its hostile takeover of Warner ...