US President Donald Trump has signed an executive order approving the proposal sale of TikTok’s US operations to an American investor group. With this move, the Trump administration aims to resolve the long‑standing national security concerns while keeping the popular video app available to millions of U.S. users. As reported by Reuters, Vice President JD…
“Maybe 10 years ago, he was like, ‘I want Marco Rubio to be president,’” the same source says. Many players first started hearing of Ellison in the lead-up to the 2024 Republican presidential primary. At that point, after years of donating to both parties, Ellison was seen internally as doing Trump a small favor by…
US President Donald Trump said prominent billionaires – including media mogul Rupert Murdoch and tech founder Michael Dell – could be part of a deal in which the United States will take control of US operations of TikTok. Trump name-dropped the 94-year-old Murdoch and his son Lachlan Murdoch, the head of Fox News and News…
US President Donald Trump said Friday he had a “very productive” phone call with Chinese President Xi Jinping, claiming they made progress on “many very important issues including Trade, Fentanyl, the need to bring the War between Russia and Ukraine to an end, and the approval of the TikTok Deal.” In a Truth Social post,…
The United States and China have come to a “framework” agreement about TikTok’s future in the US, just days before a planned ban on the app. Originally set to be banned on Wednesday, the deadline has now been extended by US President Donald Trump to December 16. This marks the fourth delay of a law…
Bullish sentiment towards stocks is rampant in the US, as one Wall Street strategist after another raises their target for an S&P 500 Index that is repeatedly setting records. Yet as optimism about further gains has solidified into something resembling a consensus, even the most bullish are clear-eyed about a growing list of issues that…
Good morning. It’s Jeremy here, filling in for Andrew, who is now on paternity leave for a bit. So you’ll see a rotating cast of Fortune tech journalists writing this newsletter for a few weeks. Fortune Brainstorm Tech wrapped yesterday. Here were a few highlights from the final day of the conference: Tom Hale, the…
NEW YORK — Wall Street inched to more records on Wednesday following a surprisingly encouraging report on inflation and a stunning forecast for growth from Oracle because of the artificial intelligence boom. The Standard & Poor’s 500 rose 0.3% and set an all-time high for a second straight day. The Dow Jones industrial average dropped 220 points,…
Oracle chairman and co-founder Larry Ellison, the father of Paramount Global’s new owner David Ellison and a major investor in the media company after its merger with Skydance, just saw his wealth soar by over $100 billion. The company reported stellar earnings late Tuesday with a massive backlog of contracts for its Cloud business that…
2025-09-10T17:01:46Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Oracle stock saw its…