The transaction values Huazhi Group at approximately RMB1.1 billion. The consideration will be paid through a combination of shares and cash, consisting of (i) an aggregate 87,400,144 Class A ordinary ...

A global data center developer is linked to large land purchases in Caddo and Bossier parishes. Public records connect STACK Infrastructure to the acquisitions through an LLC sharing its corporate ...

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Latest Generation of Safe Pro’s AI Technology to be Presented at U.S. Army Exercise at Fort Hood, Texas Operating on the Amazon Web Services (AWS) Cloud or at the Edge, SPOTD is Safe Pro’s patented ...

Safe Pro Group (NASDAQ: SPAI) today announced the deployment of upgraded artificial intelligence algorithms to its patented Safe Pro Object Threat Detection technology in response to customer requests ...

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 ...

Richard Escobedo covers economic policy at CBS News and is a coordinating producer at Face the Nation with Margaret Brennan. He joined CBS in 2018 and is a graduate of Texas Christian University in ...

TikTok has signed a deal to spin-off its U.S. operations to a group controlled by mostly American investors, including software giant Oracle, a company run by billionaire Trump ally Larry Ellison.

Abu Dhabi's state investment fund will also be a managing investor. By Alex Weprin Senior Editor The TikTok sale is officially happening, with a consortium of American investors set to take over U.S.

WASHINGTON/HONG KONG, Dec 19 (Reuters) - TikTok's Chinese owner, ByteDance, on Thursday signed binding agreements to hand control of the short video app's U.S. operations to a group of investors, ...

TikTok has reached a deal to cede a substantial portion of its U.S. operation to a group of American investors, thus ending a years-long tussle in which the federal government has sought to force the ...