The tech sector sold off as investors took in a report that Oracle's $10B data center for OpenAI is in jeopardy. Sources told the FT that talks to build the data center have stalled due to concerns ...
Warren Buffett’s departure as CEO marks the end of an era at Berkshire Hathaway for the business 'sage' whose unpretentious approach reshaped modern investing. When the Oracle of Omaha speaks, ...
Oracle co-founder Larry Ellison has stepped in to personally guarantee more than $40bn in financing for Paramount Skydance’s hostile $78bn bid for Warner Bros. Discovery. The move follows open ...
The company’s presentation revealed a business in transition, successfully pivoting toward cloud services while maintaining overall growth. Despite posting record-high revenues and profits, Oracle ...
Abu Dhabi's state investment fund will also be a managing investor. By Alex Weprin Senior Editor The TikTok sale is officially happening, with a consortium of American investors set to take over U.S.
When the Oracle of Omaha speaks, investors listen — and they have been listening to the seemingly divinely-inspired business analysis of financier Warren Buffett for decades. As Buffett steps down as ...
Clay Magouyrk and Mike Sicilia have been appointed as co-chief executives, succeeding Safra Catz, who transitions to vice chair of the board after leading the software giant for 11 years. Oracle on ...
TikTok's owner has signed a deal to sell a portion of its US assets to a consortium of investors. Oracle, Silver Lake, and MGX will own 45% of the new joint venture. ByteDance, TikTok's parent company ...
Oracle co-founder Larry Ellison has agreed to personally guarantee $40.4 billion in equity financing to support Paramount Skydance’s all-cash offer for Warner Bros. Discovery, according to a ...
SAN FRANCISCO (AP) — TikTok has signed a deal to sell its U.S. business to three American investors — Oracle, Silver Lake and MGX — ensuring the popular social video platform can continue operating in ...
SAN FRANCISCO (AP) — TikTok has signed agreements with three major investors — Oracle, Silver Lake and MGX — to form a new TikTok U.S. joint venture, ensuring the popular social video platform can ...