Private equity company Blackstone has reportedly exited a consortium that was preparing to invest in the US operations of ...

TikTok may soon see a major change in its US operations, as reports suggest that the company is preparing to launch a ...

From Larry Ellison’s new power consolidation to an app that simply may not be as good, the key variables as a multiyear saga ...

Private equity firm Blackstone reportedly withdraws from the consortium looking to invest in TikTok’s U.S. operations.

With a September deadline looming, a new report says TikTok is building a replacement app for its 170 million American users ...

Analysts say Oracle will need to make sure that the service retains its hold on users and its influencers. In the U.S., it’s estimated that TikTok has more than 100 million monthly active users.

July 18 (Reuters) - Private equity giant Blackstone has withdrawn from a consortium seeking to invest in TikTok’s U.S.

Oracle Corp. has succeeded in its bid to partner with the social media platform TikTok after its Chinese parent company, ByteDance, rejected an offer from Microsoft. The news, first reported by ...

TikTok would also become a global company with headquarters in the United States, while Oracle will host TikTok’s user data and review TikTok’s code for security.

Here are some of the strange things about Oracle’s deal for TikTok’s U.S. social media platform that make it seem like a sop to President Trump. — Structuring the deal as one in which Oracle ...

TikTok CEO Shou Zi Chew asserted that Oracle has already begun a review of its source code -- despite reports suggesting the unprecedented partnership was “in limbo.” ...

TikTok's deal with Oracle, which sells enterprise software, has prompted a mixed reaction from the app's users because of Ellison's ties to the Trump administration.