Oracle leads a U.S. investor group in a binding deal to control TikTok's operations, averting a ban and boosting shares 7%. Backed by Trump, the pact hands algorithm oversight to Oracle amid ByteDance divestiture.
Mark Zuckerberg's Chan Zuckerberg Initiative has cut funding to FWD.us, the immigration group he founded, amid a post-Trump pivot to AI and science. This eliminates the advocacy outfit's main lifeline, capping a decade of shifting priorities in Silicon Valley philanthropy.
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