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 ...

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, 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 ...

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

The net worth of Oracle founder Larry Ellison has taken a hit after a poor earnings report pushed Oracle’s stock down sharply ...

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 ...