Florida Today

Who bought TikTok? What to know about a Florida billionaire, Oracle

TikTok is now majority-owned by a group of U.S.-backed investors, including Oracle, Silver Lake, and MGX. The app's former owner, Chinese company ByteDance, retains a ...
The New York Times

TikTok Strikes Deal for New U.S. Entity, Ending Long Legal Saga

The Chinese parent company of the popular video app said a group of non-Chinese investors would create an American TikTok to avoid a federal ban. Credit...Timo Lenzen Supported by By David McCabe and ...
Business Insider

Oracle and OpenAI's AI data centers buildout needs $500 billion, and Wall Street is starting to flinch

Oracle and OpenAI have plans to build $500 billion of data centers in a venture called Stargate. JPMorgan Chase has seen slower investor interest for $38 billion of debt tied to two Stargate sites.
Tennessean

Oracle is hiring for Nashville headquarters. Here is how to apply

Oracle is planning to build its new world headquarters on a 70-acre riverfront property in downtown Nashville. There is no firm timeline for the project's construction or opening. The campus plans ...
dbta

Oracle is on Track to Power New Data Center in Michigan

Oracle is partnering with Related Digital and DTE Energy, to construct Oracle’s AI data center in Saline Township, Michigan. As the future tenant, Oracle will operate the data center once it’s ...
New York Post

Oracle shares heading for worst quarter since 2001 following AI investment concerns

Larry Ellison’s Oracle is stumbling into the end of the year with its shares taking a beating. The tech firm’s stock has plummeted 30% so far this quarter, CNBC noted Friday. Only four trading days ...
CNBC

Oracle shares on pace for worst quarter since 2001 as new CEOs face concerns about AI build-out

Oracle's stock has tumbled 30% so far this quarter, headed for its steepest drop since the third quarter of 2001, when it slid almost 34%. Investors have grown skeptical about Oracle's ability to open ...
Bloomberg L.P.

Oracle and OpenAI Win Michigan Approval to Power New Data Center

Michigan regulators unanimously approved a request from utility DTE Energy Co. to power a massive data center development planned by Oracle and OpenAI, during a contentious hearing where some members ...
New York Post

Oracle stock plunges 12% on AI jitters — shrinking Larry Ellison’s net worth by $34B

Oracle’s stock fell more than 12% on Thursday on growing fears about the software giant’s massive AI spending — shaving more than $30 billion off co-founder Larry Ellison’s fortune. The Texas-based ...
Investopedia

Oracle Stock Is Plunging Despite New Commitments From Nvidia and Meta. Here's Why.

Kara Greenberg is a senior news editor for Investopedia, where she does work writing, editing, and assigning daily markets and investing news. Prior to joining Investopedia, Kara was a researcher and ...
Business Insider

AI is creating new jobs. Here are the roles to look out for and what they involve, according to 3 experts.

New AI-driven jobs like decision designer and AI Experience Officer are emerging rapidly. These roles blend AI expertise with psychology, ethics, and organizational design skills. This article is part ...
Hosted on MSN

All New Kenya Power Electricity Connection Requests Migrated to Digital

The Kenya Power and Lighting Company (KPLC) has announced that all new electricity connection applications will now be submitted through a digital platform. Kenya Power, in a statement on Tuesday, ...