Oracle, TikTok and Silver Lake
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US, China in Deal for App to Keep Operating in US
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Video Summary What might the latest TikTok news mean for the company, its consumer and potential investors? 24/7 Wall St. contributors Douglas A. McIntyre and Lee Jackson are here to break it all down.
Investors are betting a TikTok acquisition could diversify Oracle’s revenue beyond its massive AI backlog, but with the deal’s final terms still opaque, the transaction is far from guaranteed.
President Trump says his administration and major tech investors have reached a deal to take over TikTok's US operations.
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The TikTok Ban Was Never What It Seemed
The strange saga of the TikTok ban may soon be coming to an end. “We have a deal on TikTok,” the president said on Tuesday. The Wall Street Journal has a few more details on the proposal: