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TikTok’s US business has more than 110 million monthly active users and reported over $12 billion in ad sales in 2024. ... mostly due to Larry Ellison’s close personal ties with Trump.
TikTok owner ByteDance is developing a replacement app intended for US-based users, according to a report, as President Trump ...
Billionaire Larry Ellison's backing of ... Oracle’s shares rose 7% on the news and then rose again by 5% after hours when Trump announced he would be open to Ellison or Elon Musk buying TikTok.
Oracle already was involved in a framework of a deal during Trump’s first term in 2020 to acquire TikTok. Larry Ellison, Oracle’s billionaire co-founder, is known to have supported Trump.
Larry Ellison’s success has been accompanied by a well-documented history of lavish living as well as a close relationship ...
With Rupert Murdoch and Larry Ellison in the Oval Office, Trump said “we’re going to be doing something perhaps with TikTok, perhaps not. If we make the right deal, we’ll do it. Otherwise we ...
TikTok plans a new US-only app launch before a possible sale, as ByteDance faces deadlines, legal hurdles, and political pressure to divest its American operations.
The tech founder was worth US$251.2 billion (S$322.5 billion) as of July 15. Read more at straitstimes.com. Read more at ...
From Larry Ellison's new power consolidation to an app that simply may not be as good, the key variables as a multiyear saga could finally be ending.
Larry Ellison dropped out of university before co-founding what eventually grew into one of the world’s biggest tech companies.