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  Oracle announces CEO shake-up as company named in TikTok deal Yahoo Finance .   Oracle stock rises as White House names software giant in TikTok deal; company announces CEO shakeup Oracle ( ORCL ) stock rose 3% Monday as  the White House  confirmed that the software giant is part of a consortium of investors that will control TikTok's US operations. The company also separately announced a CEO shakeup. On Monday morning, a senior White House official confirmed the details of the TikTok deal to reporters, including most notably that the deal will move TikTok US operations into a new joint venture based in the United States, with American investors in control with a majority of the ownership stake and of the board. Oracle and Venture Private Equity firm Silver Lake are set to lead the new venture with China-based ByteDance holding less than 20% of the equity in final venture. The deal also includes a plan to "copy" the valuable TikTok recommendation algorithm and then...

  Got $5,000? 2 Tech Stocks to Buy and Hold for the Long Term Yahoo Finance .   Massive user bases and powerful network effects are two attractive qualities these businesses possess. Thanks to incredible profitability, these companies have the financial resources to go all-in on artificial intelligence. Both of these leading tech stocks trade at compelling valuations. 10 stocks we like better than Meta Platforms › Putting money to work in the technology sector today seems like a no-brainer decision, given just how important this part of the economy has become on a global stage. There are some businesses that operate in this sector that have come to dominate while offering popular products and services. And shareholders have been able to receive huge returns. If you're ready to invest $5,000, here are two  tech stocks  to buy and hold for the long term. Image source: Getty Images. Investors should consider splitting $5,000 evenly between  Alphabet   (NASDAQ:...