Oracle will serve as security partner and cloud host for TikTok’s 170 million U.S. users. This provides Oracle with stable revenue outside its AI-focused contracts. Oracle plans $50B in capex next ...

Oracle (NYSE: ORCL) shares are jumping 5% in premarket trading this morning, following news that TikTok's parent company ByteDance signed binding agreements to form a U.S. joint venture majority-owned ...