Last year, most lawmakers deemed the Chinese tech giant ByteDance a national security risk and banned its apps. Now, under a Trump reprieve, it’s shipping new apps anyway. In 2024, Congress passed a ...
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Larry Ellison retakes No. 3 richest spot from Jeff Bezos as Oracle shares rise on TikTok deal
The deal is expected to close next month, with Oracle, Silver Lake and MGX owning 45% of TikTok’s U.S. business.
Susquehanna's Jeff Yass now ranks 23rd on the Bloomberg rich list with a $63 billion fortune, reflecting his early bet on TikTok-owner ByteDance.
A Chinese investment firm bought a block of ByteDance Ltd. shares at a valuation of $480 billion, far above recent levels, a sign of strong investor interest in the parent company of video sensation ...
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