TikTok on Thursday signed a deal to sell U.S. assets to three U.S. investors: Oracle, Silver Lake and MGX. Nearly 50 percent of the assets — or 15 percent each — will be held by the three American companies. The rest will remain in the hands of affiliates of existing investors of TikTok’s parent company,...

Trump Media, the parent company of Truth Social, announced a merger Thursday with TAE Technologies, a nuclear fusion startup, in a deal valued at $6 billion. Together, the two companies are planning to create the “world’s first utility-scale fusion power plant.” The unprecedented project is intended to create electricity through fusion at 50 million watts...

Several leading cryptocurrency companies and trade groups urged lawmakers on the Senate Banking Committee on Thursday to reject efforts to add new limits on stablecoin rewards in upcoming legislation. In a letter led by the Blockchain Association, more than 125 crypto industry players argued against a push to “reinterpret and expand” an existing prohibition on stablecoin interes...

Two families are suing Meta over their sons’ suicides, accusing the tech giant of failing to implement safeguards to prevent the sextortion schemes that drove their teens to take their own lives. Tricia Maciejewski and Rosalind and Mark Downey filed a wrongful death lawsuit against the Facebook and Instagram parent company Wednesday. They allege that the deaths of their sons “we...

The Texas Water Development Board said it recently approved an accelerated timeline for two bills related to outdoor warning sirens in flash flood-prone areas.