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

TikTok has signed a deal to sell its U.S. business to three American investors — Oracle, Silver Lake and MGX — ensuring the ...

President Donald Trump has repeatedly extended a deadline that required TikTok to be banned in the U.S. if the company’s U.S.

TikTok has agreed to sell its U.S. operations to an investment group that includes Oracle, Silver Lake, and UAE-based company ...

TikTok’s long-delayed plan to separate from Chinese parent ByteDance was put in motion Thursday when the video sharing ...

Michigan regulators unanimously approved a request from utility DTE Energy Co. to power a massive data center development ...

The Abilene site, which will be OpenAI’s first large data centre in the US when it completes in mid-2027, is majority owned ...

An update on Oracle's data center plans was the latest development giving investors anxiety about the health of the AI trade ...

CoreWeave and Oracle have borrowed heavily to build more AI data-center capacity, spooking bond markets and sending ...

Oracle said talks for an equity deal to support its Michigan data center project remain on schedule and do not include Blue ...

Cloud-computing companies including Oracle Corp., Microsoft Corp. and Meta Platforms Inc. have committed to spend a combined ...