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In April, Elon Musk promised a battery that could power Teslas for more than 1 million miles over the course of their lifespan.
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Elon Musk, Hewlett-Packard Enterprise, Oracle — high tech’s exodus from Silicon Valley for Texas is gaining momentum.
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Oracle CEO Larry Ellison is Tesla's second largest individual shareholder behind Musk
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The Trump administration will issue an order banning Americans from downloading TikTok as the video-sharing app rushes to seal a deal with US software giant Oracle, a new report says. The Friday order from the US Commerce Department will ban Apple and Google from offering TikTok — along with another Chinese-owned app, WeChat — on …
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President Trump said he doesn’t want ByteDance to be TikTok’s majority owner under the Chinese tech giant’s proposed partnership with Oracle. Reports this week have indicated ByteDance wants a majority stake in a new US-based company set up to run TikTok’s global business — a proposal Trump said he “conceptually” didn’t like. “If that’s the …
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National security regulators are reviewing a proposal that would leave ByteDance, TikTok’s Beijing-based parent company, with a majority ownership stake in the short-form social media app. According to a Wall Street Journal report, the Committee on Foreign Investment in the U.S., or Cfius, reviewed the deal that includes California- based tech firm Oracle’s bid to …
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White House economic adviser Larry Kudlow on Wednesday said the US was in a “deep review process” of a deal Oracle struck with the popular video-sharing app TikTok’s Chinese parent company. Kudlow says “security and ownership” were important to President Trump in the review process. Earlier Wednesday, White House press secretary Kayleigh McEnany said the …
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Sen. Josh Hawley called on the feds to shoot down TikTok’s proposed partnership with Oracle because it would keep the popular short-video app tethered to its Chinese owner. The Missouri Republican laid out his concerns in a Monday letter urging the Committee on Foreign Investment in the US to reject TikTok parent ByteDance’s proposal to …
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TikTok has found a dance partner to keep it going in the US — but it has to convince the feds not to let the deal flop. American software firm Oracle said it would become the “trusted technology provider” for ByteDance — the Chinese tech giant behind the popular app known for its viral dance …
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Software giant Oracle confirmed Monday that it has reached a deal with TikTok parent ByteDance to become the Chinese firm’s “trusted technology provider” in the US. The California-based company said Beijing-based ByteDance had submitted the proposed deal to the US Treasury Department over the weekend as it faced a Sept. 20 deadline to dump TikTok’s …