Hello and welcome to Regulator. Today is the last day of The Verge’s very good subscription sale: $4 for a month and $35 for the year, for full access to the entire site. Don’t delay! When we launched Regulator two months ago, the premise was that I’d write about the collision between Big Tech and...
For most of his career Larry Ellison has been content to quietly let Oracle be the company, behind the company, behind the technology that makes headlines. Its biggest products being cloud computing and database products that it sells to enterprise customers like DHL, Northwell Health, and Fanatics. But, now in his 80s, Ellison has begun...
Previously, experts had suggested that China had little incentive to follow through with the deal, while as recently as July, ByteDance denied reports that it agreed to sell TikTok to the US, the South China Morning Post reported. Yesterday, Reuters noted that Vice President JD Vance confirmed that the “new US company will be valued...
President Donald Trump has signed an executive order that essentially approves the sale of TikTok’s U.S. operations to an American investor group in order to keep the social media app operational in the country. Vice President JD Vance said that the deal would value TikTok US at “around $14 billion.” TikTok was required to divest...
President Donald Trump advanced plans for American investors to buy TikTok’s US operations from its Chinese owner ByteDance Ltd., with officials setting a potential value of $14 billion and outlining measures to ensure security of the new venture. In an executive order signed Thursday at the White House, Trump declared that the deal complies with...