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TikTok’s Algorithm to Be Licensed to US Joint Venture Led by Oracle and Silver Lake

Tech giant Oracle will spearhead U.S. oversight of the algorithm and security underlying TikTok’s popular video platform under the terms of a deal laid out this week by President Donald Trump’s administration. All the final details still need to be nailed down among several joint venture partners that will include Oracle, investment firm Silver Lake Partners and possibly two billionaires — media mogul Rupert Murdoch and personal computer pioneer Michael Dell. . Although he no longer runs Oracle as its CEO, company co-founder Larry Ellison remains a top executive while also overseeing an estimated personal fortune of $390 billion. Ellison, 81, now could be in line to become a behind-the-scenes power player in the media, having already helped finance Skydance’s recently completed $8 billion merger with Paramount, a deal engineered by his son, David. The U.S. administration would not have a stake in the joint venture nor be part of its board, according to a senior White House official.  Oracle will manage TikTok algorithm for US users under Trump deal | AP News

High-Tech Partnership Invests $500 Billion in AI

President Donald Trump on Tuesday talked up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by Sam Altman of OpenAI, Larry Ellison of Oracle, and Masayoshi Son of SoftBank. The new entity, Stargate, will start building out data centers and the electricity generation needed for the further development of the fast-evolving AI in Texas, according to the White House. The initial investment is expected to be $100 billion and could reach five times that sum. “This will be the most important project of this era,” said Altman, CEO of OpenAI. The White House has put an emphasis on making it easier to build out new electricity generation in anticipation of AI’s expansion, knowing that the United States is in a competitive race against China to develop a technology increasingly being adopted by businesses. High-Tech Partnership Invests $500 Billion in AI – electrifiED

National Football League – American football began as a hybrid of soccer and rugby on post-Civil War college campuses. Football was wildly popular but disorganized in the early 1900s. In an effort to standardize and organize, the National Football League was formed in 1920 in Canton, Ohio.  The NFL is the premier professional organization for American football, with 32 teams in two conferences and almost 1,700 active players. In 2023, the NFL generated nearly $20B in revenue. With its teams valued at $190B combined, it is the most valuable sports league in the world. The popularity of the NFL has made it a global sport. In 2002 the NFL began featuring fantasy games on its site.  The NFL is the most valuable sports league in the world.  NFL teams are worth a total of $163B. Each team holds an average value of over $5.1B, almost as much as the NBA and MLB combined. The Dallas Cowboys, valued at $9B, are the most valuable sports franchise on Earth. (NY Yankees are at 8.2B….just saying).