TikTok to Pay $100 Million to Alabama to Settle Child Safety Claims in First-Ever State Deal (UPDATED)
TikTok and ByteDance agree to pay Alabama up to $300 million over allegations involving child safety and consumer protection.
Stocks · News reference
Blue Owl Capital shares are dropping Thursday after reports that Oracle issued a "force majeure" notice on New Mexico data center project.
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
TikTok and ByteDance agree to pay Alabama up to $300 million over allegations involving child safety and consumer protection.
Microsoft stock rose 3.66% to $516.17 after announcing new Copilot capabilities including code generation and agentic AI tools. The company is spending over $115 billion on capex for data centers and AI infrastructure in 2026. While the market reacted positively, investors should monitor AI adoption rates and ROI on these massive investments in the coming quarters.
SemiAnalysis says GPU scarcity is so severe that even poorly configured cloud infrastructure is still finding buyers at healthy margins.
Bloom Energy is rising Friday, rebounding after falling more than 6% Thursday on concerns tied to Oracle's Project Jupiter data center.
Arm Holdings is falling Thursday in sympathy with Oracle and Blue Owl following reports of a "force majeure" notice tied to Project Jupiter.