Fox Corp. May Join the Group Buying TikTok's US Operations
Fox Corp. is in talks to invest in the U.S. portion of TikTok alongside other major American players like Oracle and Dell.
Fox Corp. is in talks to invest in the U.S. portion of TikTok alongside other major American players like Oracle and Dell.
Reddit is seeking new AI deals with Google & OpenAI for "dynamic pricing," wanting more value for its valuable, user-generated data used to train AI. They hope to convert Google traffic into active users and are already set to earn $203M from existing deals.
TikTok's U.S. ban is extended to Dec 2025 as a deal finalizes for American ownership (80% US investors). A new U.S. app, American-controlled algorithms, and Oracle handling user data will address national security concerns.
Disney & Webtoon are building a new digital comics platform for Marvel, Star Wars & more, offering 35k+ titles with one subscription. Disney will invest 2% in Webtoon. Launching in Q4, it provides mobile access & boosts both companies.
Magnite sued Google for ad tech monopoly. Google allegedly forces publishers to use its ad server & exchange, hurting competitors, publishers, & advertisers. A court already found Google violated antitrust laws. Magnite seeks damages & remedies.
Oracle shares climbed following speculation that the software company may be part of a deal between the U.S. and China regarding TikTok.