Oracle has appointed Clay Magouyrk and Mike Sicilia as co-CEOs, as Safra Catz transitions to executive vice chair. The leadership shift follows Oracle’s impressive forecast of cloud-infrastructure revenue, projected to reach $144 billion in the next four years. The company is also nearing a deal to control TikTok’s U.S. operations.

Read more at Yahoo Finance: Oracle Names Co-CEOs as Safra Catz Moves to Executive Vice Chair