Latest in Oracle

UPDATE, April 6, 8:29 AM: The Copyright Alliance, which represents content companies and creators, warned that the Supreme Court’s decision in favor of Google “has the potential” to broaden the fair use doctrine, something that would open the door to greater unauthorized use of copyrighted material. CEO Keith…

Long-developing plans to engineer the sale of TikTok’s U.S. operations to a group of investors including Oracle and Walmart have been put on hold. The indefinite delay, first reported by The Wall Street Journal, has been ordered by President Joe Biden’s administration, which is conducting a review of the conclusions…

The federal government’s Committee on Foreign Investment in the United States has extended the deadline for the arranged sale of TikTok by one week, to December 4. In a brief legal filing Wednesday, government attorneys disclosed the latest extension, which followed a previous two-week reprieve to November 27…

EXCLUSIVE: Ryan Destiny, best known for starring in the Lee Daniels Fox series Star, has been tapped as the lead in Oracle, a psychological horror film that is being produced by Will Packer and James Lopez via Will Packer Productions. Heather Graham (upcoming CBS All Access miniseries The Stand, The Hangover) has also…

TikTok Tuesday unveiled a pact with e-commerce platform Shopify offering more than a million merchants on the platform a dedicated channel to reach TikTok users with creative marketing. Through the new TikTok channel for Shopify, businesses can create, manage and measure TikTok ad campaigns without leaving the Shopify…

Wall Street is warming to a TikTok deal despite a continued lack of clarity, happy to keep a popular, fast-growing advertising platform humming along and skirt a brewing tech cold war between the U.S. and China. "This will be a relief to technology investors to have this high drama soap opera now in the rear view…

A federal judge on Sunday blocked Donald Trump’s administration from banning downloads of the Chinese-owned WeChat app, concluding that such a move raises First Amendment concerns. U.S. Magistrate Judge Laurel Beeler granted users of the app a preliminary injunction on the grounds that they “have shown serious…

As a deadline loomed for TikTok to shut down its US operations, President Donald Trump said Saturday he has agreed in concept to a deal under which Chinese-owned app TikTok can continue. Trump said a partnership with Oracle and Walmart that will make the video-sharing company and its data US-based has won him over. "I…

The U.S. Commerce Department Friday banned new downloads of the TikTok app starting Sunday and set a Nov. 12 date to effectively shutter its operations here as the video sharing service negotiates to sell itself to Stateside investors, including Oracle and Walmart. TikTok will be allowed to function until Nov. 12 but…

A new TikTok Global would file for an initial public offering in the U.S. in about a year under a plan still awaiting approval by President Trump that would see Oracle and Walmart as major investors in the video sharing app, according to reports Thursday. TikTok is said to have approached Instagram cofounder Kevin Syst…

UPDATED with Oracle statement, comments by Treasury Secretary Steven Mnuchin, statement by Walmart:   Treasury Secretary Steven Mnuchin told CNBC Monday that the deadline for a TikTok deal was September 20 — not the 15th as widely believed and reported — and said the government will be reviewing Oracle’s bid, lodged…

U.S. software giant Oracle has become the latest company to enter the mix to acquire social media platform TikTok from Chinese outfit ByteDance, according to multiple reports. CNBC is saying that Oracle and Microsoft are "far ahead" of other companies reportedly in the race for the popular but controversial service…