Tag: Oracle
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Stock Market News — Oct. 8, 2025: AI Rally Persists as Markets Hit New Highs While Government Shutdown Stalls
Markets Reach Fresh Highs Amid AI Optimism On Oct. 8, 2025 The S&P 500 and the Nasdaq Composite climbed to new intraday and closing highs on Wednesday, underscoring a continuing AI-driven rally even as questions linger about the durability of the move. The broader market captured momentum from technology and defensive sectors, while the Dow…
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Stock Market News: AI Rally, Fed Minutes, and the Government Shutdown
Stocks Reach New Highs as AI Optimism Persists The U.S. equity market advanced on Oct. 8, 2025, with the S&P 500 and Nasdaq Composite posting fresh intraday and closing records. The rally followed a pullback a day earlier tied to concerns over the pace of AI-related demand, particularly after Oracle signaled softer margins in its…
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Trump Approves TikTok Deal in the USA
Trump Approves TikTok Deal in the USA In a noteworthy development, former President Donald Trump has officially endorsed a new agreement regarding TikTok’s operations in the United States. This decision comes as part of a broader strategy to alleviate concerns surrounding national security and data privacy tied to the popular video-sharing app, which has faced…
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Trump’s Remarks on Murdoch Family in TikTok Deal
Trump’s Insights on the TikTok Deal In a recent announcement, former President Donald Trump shed light on the ongoing negotiations surrounding TikTok’s future in the United States. He has pointed out that media mogul Rupert Murdoch and his son Lachlan are expected to play significant roles in the effort to secure TikTok’s continued presence in…
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Murdoch Family Explores Investment in TikTok
Introduction In a surprising turn of events, former President Donald Trump has indicated that the Murdoch family is interested in investing in the popular video-sharing app TikTok. This development comes in light of Trump’s ongoing efforts to secure the app’s future in the United States, following previous threats to ban it citing national security concerns.…
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Americans Take Control of TikTok Board
Americans Take Charge at TikTok In a significant shift, TikTok is set to be predominantly controlled by American leadership, with the announcement of its new board of directors. According to White House spokesperson Karoline Leavitt, six out of seven board members will be American, marking a crucial step in the platform’s ongoing journey. Key Developments…
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American Control of TikTok’s Board: Key Developments
Introduction In a significant move towards American control of TikTok, a recent announcement has indicated that the platform will be predominantly owned by Americans. Reports have surfaced stating that the board of directors will consist of seven members, six of whom will be American nationals. This change is expected to initiate a new chapter in…
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Americans in Charge: TikTok’s New Board Structure
Introduction In a bold move reflecting growing concerns over data privacy and national security, TikTok will soon see a significant shift in its governance. According to Karoline Leavitt, a spokesperson for the White House, TikTok will have a board predominantly consisting of American members. This decision aims to assure users and policymakers that American interests…
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Larry Ellison: A New Contender for the World’s Richest Man
Who is Larry Ellison? Larry Ellison, co-founder and executive chairman of Oracle Corporation, is a name that has recently gained significant attention for his remarkable wealth and influence in the tech industry. Although many might not have recognized his name until recently, his impact on technology and business cannot be understated. As of mid-September 2023,…
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The Turbulent Personal Life of Larry Ellison
Introduction to Larry Ellison Larry Ellison, co-founder of Oracle Corporation, is not just a titan in the tech industry; his personal life is as noteworthy as his business ventures. Known for his intense personality and relentless drive, Ellison’s journey is marked by five marriages and four divorces, set against the backdrop of a stunning Hawaiian…