ORACLE

Zoom’s revenue forecast tops estimates amid 2021 concerns

The company’s sales guidance, at the high end, estimates a 330% increase from a year earlier -- a slight decline in the year-over-year grow...

Mental health conversations must rise to the top of CEOs' agenda, says Oracle's Emily He

“Mental health issues have to rise to the top of any CHRO or CEO's agenda because unless their employees feel connected with the workplace ...

China's tech industry relieved after Biden is declared President-elect, but not relaxed

Trump's four-year term has already taught the industry the importance of self-reliance, and China's intentions to improve its domestic tech...

TikTok owner ByteDance in fundraising talks that will value it at $180 bln -sources

The company is discussing the round with existing investors including Sequoia Capital and General Atlantic to raise around $2 billion for t...

US insists on need to ban TikTok

The filing comes as the court considers the legality of the administration's bid to make the Chinese-owned app unavailable in the United St...

Stock market update: 30 stocks hit 52-week highs on NSE

In the Nifty 50 index, ICICI Bank, Axis Bank, HDFC, ONGC and GAIL were among top gainers, while UPL , Eicher Motors, Divis Laboratories, He...

TikTok will be shut down if Oracle deal meeting U.S. security needs can't be closed -Mnuchin

"All of the code will have to be in the United States. Oracle will be responsible for rebuilding the code, sanitizing the code, making sure...

Judge asks US government to delay TikTok ban

The Trump administration was ordered to postpone a US ban on TikTok set for Sunday or respond by Friday to a request by the app's Chinese o...

Judge rules in favour of Oracle in Labor Department’s $400 million pay bias lawsuit

The matter dates back to 2014, when the US Department of Labor's Office of Federal Contract Compliance Programs (OFCCP) audited the Califor...

Trump threatens to cut off TikTok if Walmart, Oracle deal doesn't go through

Trump has for weeks threatened to ban TikTok, which is owned by China's ByteDance, on national security grounds unless an American company ...

Beijing unlikely to approve ByteDance's TikTok deal with Oracle, according to Global Times

ByteDance has said it will create a U.S. subsidiary partly owned by U.S. majors Oracle and Walmart and managed mainly by Americans, to paci...

Trump touts 'fantastic' TikTok deal with Walmart and Oracle

The deal, announced by the companies, also includes Walmart as a commercial partner and would create a new US company named TikTok Global.

China's ByteDance seeks $60 billion TikTok valuation as Oracle and Walmart prepare to buy in

Oracle will take a 12.5% stake in TikTok Global and store all its U.S. user data on its cloud to comply with U.S. national security require...

White House's Meadows raises doubts about plan for Chinese-run TikTok

Meadows said the administration is still looking at details of the deal and whether it meets national security thresholds, referring to pla...

ByteDance says proposal for TikTok partnership will need both Chinese and U.S. approval

The proposal, submitted to the Trump administration over the weekend, envisages Oracle becoming a "trusted" technology partner and making T...

Donald Trump not ready to OK TikTok deal, admits US won't get cut

Some in the US have raised concerns about the deal, fearing that ByteDance Ltd., the Chinese company that owns TikTok, would maintain acces...

Chief Minister BS Yediyurappa seeks United States consul office in Bengaluru

The chief minister placed his request at a video call he had with US Consul General in Chennai Judith Ravin. The chief minister said out of...

Wall Street closes broadly higher on deal news, vaccine hopes

Also, Pfizer Inc rose 2.6% after the drugmaker and German biotech firm BioNTech SE proposed to expand their Phase 3 pivotal COVID-19 vaccin...

Oracle confirms deal with Bytedance, beats Microsoft in bid for TikTok US operations

Oracle Corp said on Monday it would team up with China's ByteDance to keep TikTok operating in the United States, beating Microsoft Corp in...