Oracle, Silver Lake & MGX will be main investors in TikTok U.S., sources say

Oracle, Silver Lake & MGX will be main investors in TikTok U.S., sources say

Oracle, Silver Lake & Abu Dhabi’s MGX will be main investors in TikTok’s U.S. business, sources told CNBC’s David Faber on Thursday.  Those three entities will control roughly 45% of TikTok USA, Faber reported. ByteDance, TikTok’s Chinese parent, will own 19.9%, with the remaining 35% in the hands of ByteDance investors. President Donald Trump will sign…

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Microsoft cuts cloud services to Israeli military after investigation

Microsoft cuts cloud services to Israeli military after investigation

Microsoft President Brad Smith, left, speaks at a press conference on future visions for the development and application of artificial intelligence in education in North Rhine-Westphalia at the Representation of the State of North Rhine-Westphalia in Berlin on June 4, 2025. To his right is Hendrik Wüst (CDU), Minister President of North Rhine-Westphalia, in front…

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