Key Points:

• Oracle is replacing CEO Safra Catz with two co-CEOs .
• Clay Magouyrk and Mike Sicilia say they’ll lead Oracle ‘into the AI era’ The leadership changes come as China and the US near a final deal to sell TikTok to an American consortium, with Oracle — TikTok’s current US cloud partner — named among the expected buyers .
• Oracle is replacing CEO Safra Catz with two co-CEOs
• Oracle is replacing CEO Safra Catz with two co-CEOs