Appetite for loans tied to Oracle's data center partnership with OpenAI has diminished, reflecting concerns over credit risk and AI investment scale.
TikTok avoided a US ban after ByteDance finalized a deal creating a majority American-owned joint venture that gives US investors control.
TikTok is now under new ownership in the US, but what happens next?
By David Shepardson WASHINGTON, Jan 22 (Reuters) - TikTok's Chinese owner, ByteDance, on Thursday said it has finalized a deal to establish a majority American-owned joint venture that will secure U.S ...
Big Red gets to store data, advise on security, and store the 'I'll watch just one more video' algo Made-in-China social ...
TEMPO.CO, Jakarta - TikTok has set up a majority American-owned joint venture to secure its U.S. operations, averting a ban on the short video app over its Chinese ownership. The TikTok USDS Joint ...