TikTok has finally reached a deal to form a new U.S. entity, officially keeping the platform up and running.

ORCL, has secured a significant stake in a new U.S. based TikTok joint venture as a managing investor and security partner.

Oracle remains a high-risk, high-potential-reward artificial intelligence stock.

Oracle (ORCL) shares are positioned for a potential boost as a deal to spin off TikTok's U.S. operations nears completion, with the software giant set to secure a 15% stake in the new American entity.

TikTok is pointing to the fallout of power outages at one of its data centers to explain recent reports of censorship and glitches impacting users.