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Rani Molla

Oracle, Silver Lake, and Andreessen Horowitz consortium to control US TikTok entity

Oracle is indeed part of an upcoming deal for a US spin-off of TikTok, The Wall Street Journal reports, as a member of a consortium that also includes Silver Lake and Andreessen Horowitz.

The US and China are finalizing the framework for a deal that would create a new US entity, with American investors holding a roughly 80% ownership stake. The remaining 20% would be owned by Chinese investors.

Under the current structure for a deal, US users would have to download and use a new app, which TikTok is now testing.

The entity would have a largely American board, including one member nominated by the US government, the WSJ reports.

CBS earlier today had reported that Oracle would be part of the deal.

Bloomberg is reporting that President Trump has extended the deadline for a deal until December 16.

Details Emerge on U.S.-China TikTok Deal

Details Emerge on U.S.-China TikTok Deal

Under the current structure for a deal, US users would have to download and use a new app, which TikTok is now testing.

The entity would have a largely American board, including one member nominated by the US government, the WSJ reports.

CBS earlier today had reported that Oracle would be part of the deal.

Bloomberg is reporting that President Trump has extended the deadline for a deal until December 16.

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Rani Molla

Intel pops on reported Apple chip deal

Intel soared more than 14% on a Wall Street Journal report saying the company has reached a preliminary agreement with Apple to manufacture chips for the iPhone maker. Intel, already on a tear as of late, jumped earlier this week when Bloomberg first reported the two companies were in talks. It’s still unclear which chips Intel would manufacture for Apple, which has been facing supply constraints for its iPhone as well other products.

In any case, the deal could help Apple ease supply constraints that have hit some of its products and reduce its reliance on longtime partner TSMC, as it aims to bring more chip manufacturing stateside.

Apple, Intel Have Reached Preliminary Chip-Making Agreement

Apple, Intel Have Reached Preliminary Chip-Making Agreement

In any case, the deal could help Apple ease supply constraints that have hit some of its products and reduce its reliance on longtime partner TSMC, as it aims to bring more chip manufacturing stateside.

Microsoft CEO Satya Nadella (R) greets OpenAI CEO Sam Altman during the OpenAI DevDay event

Emails show Microsoft wasn’t impressed by OpenAI’s early work, but wanted to keep it from Amazon

OpenAI wanted further Azure computing discounts, but Microsoft didn’t think it was on the verge of a breakthrough.

Jon Keegan9h
10h

INTO ORBIT?

...or back to Earth?

Rani Molla
SpaceX Launches Tesla Roadster Into Space
tech
Rani Molla

Wedbush’s Dan Ives raises Apple price target to $400 on $15 billion AI services opportunity

Apple may not have a frontier AI model or a fully functional AI assistant, but that won’t stop the company from throwing its weight around in the “AI revolution,” according to Wedbush Securities analyst Dan Ives. That’s enough for Ives to raise his price target for Apple shares to $400 from $350.

Underpinning that jump is what Ives sees as a $15 billion annual revenue opportunity for Apple in AI services from monetizing other companies’ models by distributing them to its 2.5 billion iOS users. Ives estimates that in the coming years, roughly 20% of the world’s population will access AI through an Apple device, calling it the “consumer hub of AI.”

That new era, Ives expects, will officially kick off at Apple’s developer conference in June, where he expects Apple to “finally unveil its AI strategy.”

tech
Rani Molla

Tesla’s Model Y just cleared a new federal safety bar

The National Highway Traffic Safety Administration announced today that Tesla Model Ys manufactured after November 12 were the first to pass the agency’s new advanced driver assistance system tests, which are now part of the New Car Assessment Program. According to NHTSA, Tesla tested the 2026 Model Y and submitted the test results to the organization for review.

“By successfully passing these new tests, the 2026 Tesla Model Y demonstrates the lifesaving potential of driver assistance technologies and sets a high bar for the industry,” NHTSA Administrator Jonathan Morrison wrote in the press release. “We hope to see many more manufacturers develop vehicles that can meet these requirements.”

The new tests include:

  • Pedestrian automatic emergency braking

  • Lane-keeping assistance

  • Blind spot warning

  • Blind spot intervention

The milestone offers Tesla highly coveted regulatory validation, as it seeks to spur usage of its Full Self-Driving (Supervised) tech.

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