TikTok signs deal to form new US unit with American investors, including Oracle, Silver Lake

TikTok has signed a deal to form a new U.S. unit with three American investors — Oracle, Silver Lake and MGX — holding a ...

Medical Supply Firm Medline's Stock Jumps 41% in Its Trading Debut

Medline shares surged in their trading debut Wednesday, after the medical supply company raised $6.26 billion in one of the ...
Business Matters

Amazon in talks over $10bn investment in OpenAI as AI arms race accelerates

Amazon is reportedly in talks to invest up to $10bn in OpenAI, potentially valuing the ChatGPT maker at more than $500bn and ...