While the U.S. TikTok blackout may have lasted only hours, the app has still not made a return to the iPhone's App Store.
TikTok could be bought up by Oracle or Elon Musk if President Trump's comments are to be believed, after he pushed the ban back.
TikTok CEO Shou Zi Chew thanked Donald Trump for his commitment to "finding a solution" that keeps TikTok available in the U.S. after the ruling.
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.
US tech titans Elon Musk, Mark Zuckerberg and Jeff Bezos are taking a prominent place in the new Trump era, but another player from another era -- Oracle boss Larry Ellison -- is making a surprise return.
Larry, let’s negotiate in front of the media,” Trump said at a press conference with the Oracle co-founder, SoftBank CEO Masa Son, and OpenAI CEO Sam Altman to announce a $500 billion artificial intelligence infrastructure investment.
TikTok users in the United States were not able to watch videos on the popular social media platform on Saturday evening, just hours before a federal ban on the popular social media platform was
Discover why Oracle stock is soaring, from AI projects like Stargate to cloud computing growth. Learn what’s driving its rise in 2025.
He also floated the idea of tech majors like SpaceX CEO Elon Musk and Oracle Corporation chairman Larry Ellison as potential non-Chinese buyers of the platform.
Cantor Fitzgerald began coverage on Oracle Corporation (NYSE:ORCL) stock, giving the tech giant an Overweight rating and setting a price target of $214.00.
The company is one of the app’s leading server providers, managing the data centers where billions of 40-second videos are stored.
Larry Ellison, co-founder of Oracle Corporation, has an estimated net worth of approximately $200 billion, currently placing him among the third richest person in the world, according to Forbes.