Oracle Corporation (ORCL)
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Oracle is now part of the consortium that has finalized the acquisition of TikTok's U.S. operations, marking a significant win in a long-standing political saga. This deal positions Oracle to leverage TikTok's vast user data and algorithm, potentially enhancing its cloud services and AI capabilities. The implications for Oracle's growth trajectory in the tech landscape are noteworthy.
Latest News
| Title | Published |
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Oracle's Cash Is Vanishing — But Larry Ellison's Dividend Check Still Clears Tomorrow Oracle's Cash Is Vanishing — But Larry Ellison's Dividend Check Still Clears Tomorrow | about 4 hours ago |
Oracle's Cash Is Vanishing — But Larry Ellison's Dividend Check Still Clears Tomorrow Oracle Corp (NYSE:ORCL) is torching cash to build its AI cloud—but it's still sending billions back to shareholders. That tension is becoming one of the most underappreciated capital allocation stories in Big Tech. On Friday, Oracle will pay out roughly $1.4 billion in dividends, even as analysts expect nearly $23 billion in cash burn this fiscal year. On paper, cutting the dividend looks logical. In reality, it's complicated. Larry Ellison’s Stake Raises The Bar For A Cut Co-founder and executi | about 4 hours ago |
Legal AI giant Harvey acquires Hexus as competition heats up in legal tech Legal AI giant Harvey acquires Hexus as competition heats up in legal tech | about 10 hours ago |
Legal AI giant Harvey acquires Hexus as competition heats up in legal tech Hexus founder and CEO Sakshi Pratap, who previously held engineering roles at Walmart, Oracle, and Google, tells TechCrunch that her San Francisco-based team has already joined Harvey, while the startup's India-based engineers will come onboard once Harvey establishes a Bangalore office. | about 10 hours ago |
TikTok Deal Sealed: US, China Approve Historic American Spinoff TikTok Deal Sealed: US, China Approve Historic American Spinoff | about 16 hours ago |
TikTok Deal Sealed: US, China Approve Historic American Spinoff The U.S. and China have approved a deal to sell TikTok’s U.S. business to a consortium of primarily U.S. investors led by Oracle Corp. (NYSE:ORCL) and Silverlake. The transaction concludes a years-long dispute between the social media platform and the two global superpowers over national security concerns. Deal Structure And Key Investors The agreement, which is set to close this week according to people familiar with the matter who spoke to Semafor, leaves ByteDance with just under 20% ownershi | about 16 hours ago |
This Made-For-The-AI-Moment Energy Play Outperforms Nvidia And Other Big Tech Names This Made-For-The-AI-Moment Energy Play Outperforms Nvidia And Other Big Tech Names | about 18 hours ago |
Oracle's Cash Is Vanishing — But Larry Ellison's Dividend Check Still Clears Tomorrow
Oracle's Cash Is Vanishing — But Larry Ellison's Dividend Check Still Clears Tomorrow
Oracle's Cash Is Vanishing — But Larry Ellison's Dividend Check Still Clears Tomorrow
Oracle Corp (NYSE:ORCL) is torching cash to build its AI cloud—but it's still sending billions back to shareholders. That tension is becoming one of the most underappreciated capital allocation stories in Big Tech. On Friday, Oracle will pay out roughly $1.4 billion in dividends, even as analysts expect nearly $23 billion in cash burn this fiscal year. On paper, cutting the dividend looks logical. In reality, it's complicated. Larry Ellison’s Stake Raises The Bar For A Cut Co-founder and executi
Legal AI giant Harvey acquires Hexus as competition heats up in legal tech
Legal AI giant Harvey acquires Hexus as competition heats up in legal tech
Legal AI giant Harvey acquires Hexus as competition heats up in legal tech
Hexus founder and CEO Sakshi Pratap, who previously held engineering roles at Walmart, Oracle, and Google, tells TechCrunch that her San Francisco-based team has already joined Harvey, while the startup's India-based engineers will come onboard once Harvey establishes a Bangalore office.
TikTok Deal Sealed: US, China Approve Historic American Spinoff
TikTok Deal Sealed: US, China Approve Historic American Spinoff
TikTok Deal Sealed: US, China Approve Historic American Spinoff
The U.S. and China have approved a deal to sell TikTok’s U.S. business to a consortium of primarily U.S. investors led by Oracle Corp. (NYSE:ORCL) and Silverlake. The transaction concludes a years-long dispute between the social media platform and the two global superpowers over national security concerns. Deal Structure And Key Investors The agreement, which is set to close this week according to people familiar with the matter who spoke to Semafor, leaves ByteDance with just under 20% ownershi
This Made-For-The-AI-Moment Energy Play Outperforms Nvidia And Other Big Tech Names
This Made-For-The-AI-Moment Energy Play Outperforms Nvidia And Other Big Tech Names