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The Latest Breaking News from Oracle

Tariffs on talent? Trumps’s visa fees threaten tech’s most prized employees

The president’s deal on visas could upend Silicon Valley, and will a TikTok purchase finally go through?

The Guardian - US

Oracle appoints not one, but two, co-CEOs as Safra Catz leaves top job

Safra Catz steps down as Oracle CEO after 10 years, Clay Magouyrk and Mike Sicilia elected to take over as co-CEOs.

TechRadar

Oracle’s co-CEO structure will challenge the trope that having two chief executives rarely works

Also: All the news and watercooler chat from Fortune.

Fortune

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read the most diverse news in one place.

Nvidia's $100 Billion Bet On OpenAI The 'Latest Salvo' In The Big Tech Arms Race, Says Gene Munster: 'Bumps Up the Bar' For The Rest

Deep Water Asset Management Managing Partner Gene Munster said on Monday that Nvidia Corp.’s (NASDAQ:NVDA) multi-billion-dollar commitment to OpenAI marks a pivotal moment in the AI arms race, one that escalates things to a whole new level.

Benzinga

Asian shares trade mixed after US stocks set more records

Asian shares are trading mixed in the absence of key market-driving news in the region, after a seemingly relentless rally continued on Wall Street

The Independent UK

For China, TikTok becomes bargaining chip amid tensions with US

Beijing’s stance on selling the video-sharing platform has softened amid other disputes with Washington.

Al Jazeera

Oracle’s new Gen X and Millennial CEOs get stock options worth $350 million—but they'll have to keep the stock soaring to collect

CEOs Clay Magouyrk and Michael Sicilia will take over for Safra Catz, who will take on a new role as executive vice chair of the board.

Fortune

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Murdoch, Ellison and China: what we know about the US’s TikTok deal

TikTok’s future in the US has been in limbo for over year, but Trump says the US and China finally have a deal

The Guardian - US

Stocks Climb as Apple, Nvidia Soar: Stock Market Today

Oracle joined in on the fun, too, after the software giant announced a C-suite shake-up.

Kiplinger

The US version of TikTok might be more concerning than the Chinese one

The US government says it's close to signing a deal to bring TikTok inside the US, with US control, but so many big questions and concerns remain.

TechRadar

Investors rejoice over looming TikTok deal despite political concerns

White House says Oracle, whose cofounder Larry Ellison is a key Trump ally, will be an investor in short-video app.

Al Jazeera

NVIDIA to Invest $100 Billion in OpenAI for 10-Gigawatt AI Systems

OpenAI and NVIDIA have signed a letter of intent for a strategic partnership to deploy at least 10 gigawatts of NVIDIA systems to power OpenAI’s

Geekflare

Oracle Stock Is Rallying To Start The Week: What's Driving The Momentum?

Oracle Corporation (NASDAQ:ORCL) shares are trading higher and trending on Monday. Here’s a look at what’s going on.

Benzinga

TikTok’s algorithm set to move from Chinese control to Big Tech under Trump’s deal to save app

White House says it has finally reached an agreement with China to secure the future of the popular social video app in the U.S., with software giant Oracle taking responsibility for users’ data

The Independent UK

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Euronews

Oracle will manage TikTok's algorithm for US users under Trump deal to avoid ban, official says

Full details have yet to be released on the deal, which would give an American tech firm control of the platform’s algorithm for US users.

The Independent UK

Oracle will manage TikTok's algorithm for US users under Trump administration deal

A senior official in President Donald Trump’s administration says Oracle will receive a copy of TikTok's algorithm to operate for U.S. users

Benzinga

'No Excuses — That Can't Happen.' Michigan County Accidentally Deposits $1.6M in One Check. Employee Returns Money; Two Workers Fired Over Big Mistake

A Wayne County, Michigan employee became an accidental millionaire when a payroll error deposited $1.6 million into her single paycheck, exposing critical flaws in the local government's financial oversight systems.

Investors Business Daily

Oracle Stock Gains After Naming Pair Of CEOs. Why Wall Street's Not Sweating The Transition.

Oracle stock gained after the tech giant named a pair of co-CEOs to replace Safra Catz.

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news in one place.

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TechRadar

Trump says Michael Dell and Larry Ellison will be involved in US-TikTok deal

The White House has confirmed a TikTok deal “is done” to retain US access to the platform.

GOBankingRates

If Larry Ellison’s Wealth Was Evenly Distributed Across America, How Much Money Would Every Person Get?

Financial records shattered on Sept. 10 when, for just a few hours, Elon Musk was no longer the richest human being on Earth.

Axios

White House discloses more details of deal to save TikTok

TikTok's new U.S. entity would lease its algorithm from Chinese owner ByteDance.

Euronews

Trump reveals that Murdochs and tech billionaires could take part in TikTok deal

Trump’s disclosure is the latest twist in a fast-moving potential deal to keep TikTok operating in the US.

Benzinga

Trump Names Lachlan Murdoch, Larry Ellison And Michael Dell As Key Investors In TikTok Deal, Praises Group As 'American Patriots'

On Sunday, President Donald Trump said media mogul Lachlan Murdoch and tech leaders Oracle Corp (NYSE:ORCL) CEO Larry Ellison and Dell Technologies Inc. (NYSE:DELL) CEO Michael Dell will take part as investors in a proposed deal to transfer TikTok's U.S. operations from Chinese parent ByteDance to American ownership.

Axios

Rupert Murdoch, Michael Dell part of U.S. TikTok buyer group, Trump says

The White House says a deal should be signed in the coming days.

International Business Times

Americans Would Dominate Board Of New TikTok US Entity: W.House

A deal for the Chinese parent company of popular video-sharing app TikTok to sell its US operations would see the creation of a board dominated by Americans, the White House said Saturday.

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