Technology company Oracle is among a consortium of firms that would enable TikTok to continue operations in the U.S. if a framework deal is finalized, sources say.

Investors are betting a TikTok acquisition could diversify Oracle’s revenue beyond its massive AI backlog, but with the deal’s final terms still opaque, the transaction is far from guaranteed.

Video Summary What might the latest TikTok news mean for the company, its consumer and potential investors? 24/7 Wall St. contributors Douglas A. McIntyre and Lee Jackson are here to break it all down.

American technology company Oracle was founded over 50 years ago and it has remained relatively quiet since the artificial intelligence (AI) bubble inflated and took off in 2022.

Should Trump's TikTok maneuver trigger a U.S. IPO, it would be an event blending tech spectacle, political optics, and market power.

Oracle shares are surging in premarket trading Tuesday on a report that the software firm is among a consortium of companies that would let Chinese-owned TikTok to continue operating in the U.S.—if a “framework deal" between Beijing and Washington is finalized.

Oracle is among a consortium of firms that would enable TikTok to continue operations in the United States if a framework deal between the U.S. and China is finalized, CBS News reported on Monday.

Stephen Colbert jokes that the "perfect" buyer for TikTok is definitely an 81-year-old man named Larry in his latest monologue

U.S. tech giant Oracle and tech capital firms Silver Lake and Horowitz were named as principals of an American consortium poised to lead a takeover of TikTok.