Tech layoffs: India once again in the crosshairs, with 1 in 3 laid off by Oracle based hereThousands of Oracle employees in India faced immediate job termination via email. This action is part of a global workforce reduction affec...
02 Apr, 2026, 05.06 PM IST
TikTok investors set to pay $10 billion fee to Trump administrationThe fee, which the U.S. government is considering a transaction fee for its role in helping bring about the deal, will be paid by new inves...
14 Mar, 2026, 08.16 AM IST
Oracle's stake in TikTok US joint venture is worth roughly $2 billion, filing showsOracle’s stake in TikTok’s U.S. operations is valued at about $2 billion after ByteDance created a majority-owned American joint venture to...
12 Mar, 2026, 08.42 AM IST
Oracle says data center outage causing issues faced by US TikTok usersOracle on Tuesday said issues faced by US users of social media app TikTok are the result of a temporary weather-related power outage at a...
28 Jan, 2026, 07.00 AM IST
Who owns TikTok in the US now?Under the arrangement, non-Chinese investors will own about 80% of the American venture. ByteDance will keep 19.9% of it. The investors, wh...
23 Jan, 2026, 08.55 AM IST
TikTok reaches deal for new US joint venture to avoid American banThe deal is a milestone for the short video app after years of battles that began in August 2020, when President Donald Trump first tried u...
23 Jan, 2026, 07.13 AM IST
TikTok US deal update: Oracle-led joint venture set to launch in 2026 – what this means for ByteDanceTikTok US deal 2026: TikTok is set to become a US joint venture. Oracle, Silver Lake, and MGX will lead the new entity. American investors ...
19 Dec, 2025, 07.31 AM IST
SoftBank concedes Stargate Project with OpenAI needs more timeSoftBank's ambitious Stargate AI project is facing unexpected delays. The $500 billion collaboration with OpenAI is taking longer than expe...
07 Aug, 2025, 04.40 PM IST
Didn’t think Elon Musk was going to abuse his power in the government: Sam AltmanAccording to The Wall Street Journal, Tesla CEO Elon Musk had made significant efforts to block the Stargate project unless it included his...
19 Jun, 2025, 08.01 PM IST
OpenAI, Oracle developing ‘world’s biggest’ AI training facility: Sam AltmanOpenAI CEO Sam Altman revealed progress on "Stargate 1," the AI training facility under construction in Abilene, Texas, in partnership with...
08 May, 2025, 12.37 PM IST
OpenAI close to finalising its $40 billion SoftBank-led fundingOpenAI is nearing a $40 billion funding round led by SoftBank Group, with investors including Magnetar Capital, Coatue Management, and Foun...
27 Mar, 2025, 09.16 AM IST
Wouldn't have announced $500 billion investment if we weren't confident: Sam Altman on Stargate fundingElon Musk was among the first to question the funding for the project, claiming that the drivers, including Microsoft and SoftBank, "don't ...
10 Feb, 2025, 09.36 AM IST
OpenAI's Altman to stop in Abu Dhabi for MGX fundraising talks, sources sayOpenAI CEO Sam Altman is visiting the UAE to discuss raising $40 billion with Abu Dhabi's MGX, aiming to fuel AI development and compete wi...
05 Feb, 2025, 11.30 PM IST
Sam Altman teases Stargate Project's Texas site amid banter with Elon MuskThe Stargate project is a $500 billion initiative to build AI infrastructure across the US, with Masayoshi Son taking the role of chairman....
24 Jan, 2025, 03.45 PM IST
Elon Musk reacts to SoftBank-OpenAI’s $500 billion AI project, says ‘they don’t have the money’Elon Musk criticises OpenAI and SoftBank's $500 billion Stargate Project for AI infrastructure, doubting their financial capabilities. The ...
23 Jan, 2025, 04.11 PM IST
SoftBank, OpenAI launch $500 billion AI infrastructure project, Masayoshi Son named chairmanThe investment brings together an alliance of tech giants. While SoftBank and OpenAI are lead partners—with SoftBank handling financials an...
22 Jan, 2025, 08.02 PM IST
Microsoft relaxes data center grip on OpenAI amid $500 billion joint ventureSince 2019, Microsoft has had arrangements with OpenAI that gave the Redmond, Washington-based company the exclusive right to build new com...
22 Jan, 2025, 07.45 AM IST