Leaders at Oracle , the main cloud computing provider for TikTok's U.S. operations, have told some staff to prepare to shut down servers that host U.S. TikTok data as soon as 9 p.m. ET on Saturday (0200 GMT on Sunday) in advance of a U.
Canadian investor and Shark Tank star Kevin O’Leary is still interested in a TikTok deal, but it’s not possible under current law, he told CNBC. President Donald Trump on Monday delayed by 75 days the imposition of a law that would effectively ban ByteDance’s (BDNCE) TikTok in the U.
TikTok said Sunday it was beginning to restore service for US users after going dark overnight following a new law that effectively banned the app.
Nasdaq futures (NQ=F) are jumping this morning after President Trump announced Stargate, a push to help support AI growth in the United States. Among the big companies involved in the project are OpenAI,
Oracle (NYSE: ORCL), the cloud provider for TikToks U.S. operations, has reportedly instructed staff to prepare for shutting down servers hosting TikToks U.S. data. According to The Information, the shutdown could occur
Experts have indicated that common workarounds, such as VPNs, may not be effective due to the app's ability to detect user locations through geolocation data.
U.S. President Donald Trump said on Tuesday he was open to billionaire Elon Musk buying social media app TikTok if the Tesla CEO wanted to do so.
TikTok began restoring its services on Sunday after President-elect Donald Trump said he would revive the app's access in the US when he returns to power on Monday.
The sharp move came as the S&P 500 and the Nasdaq Composite gained 0.7% and 1.3%, respectively. Oracle is at the heart of Project Stargate, the new artificial intelligence (AI) initiative announced by President Trump on Tuesday.
Major tech companies have launched the $500 billion 'Stargate' project to advance AI infrastructure in the US, creating 100,000 jobs.
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