Oracle, Silver Lake, MGX to Take 45% Stake in TikTok
Oracle (ORCL), Silver Lake, and MGX are set to become the main investors in TikTok’s U.S. operations, taking a...
Welcome to the Tech section of Finblog.com, where we explore the cutting-edge advancements and trends in technology that are reshaping the financial landscape. This category is dedicated to providing you with insightful analysis and updates on the latest technological innovations and their impact on finance and business.
Oracle AI Cloud Hype Faces Its First Big Test
So, what happened to Oracle today? Let’s rewind a bit. Back in early September, Oracle’s earnings were a mixed...
Intel Is Seeking an Investment From Apple as Part of Its Comeback Bid
Intel is in talks with Apple about a potential investment, marking the latest step in the chipmaker’s bid to...
Trump to sign TikTok deal Thursday
President Donald Trump will sign the long-awaited TikTok deal on Thursday, officially transferring majority control of the popular video...
US Confirms EU Trade Deal, 15% Auto Tariffs Now in Force
The US government announced Wednesday that it is formally rolling out its trade agreement with the European Union, confirming...
Instagram now has 3 billion monthly active users
Instagram has officially joined the 3-billion-user club, cementing its place alongside Facebook and WhatsApp as one of the largest...
Market Wrap: Tech Retreat, Micron Surprise, Oil Steady, Gold at Records
US stocks faltered overnight after Jerome Powell’s Rhode Island remarks poured some cold water on hopes for aggressive rate...
OpenAI, Oracle & SoftBank Unveil Five New Centers in $500B Stargate Push
In a major escalation of AI infrastructure investment, OpenAI, Oracle, and SoftBank today announced five new U.S. data centre...
NVIDIA announces $100 billion OpenAI deal
NVIDIA and OpenAI have announced a landmark strategic partnership in which NVIDIA plans to invest up to $100 billion...
What to Watch in Markets This Week: Powell, Inflation Data, and Big Earnings
Stocks are coming off record highs, with the S&P 500, Nasdaq, and Dow all posting fresh peaks last week...