TikTok parent company ByteDance has signed a deal to spin off its US business that will be majority-owned by American ...
Under the deal, the new TikTok US company will be owned 50% by a group led by Oracle, private equity firm Silver Lake, and ...
TikTok has agreed to sell its U.S. business to a group of American investors, including Oracle, Silver Lake and MGX, a move that would allow the popular social video app to continue operating in the ...
Going forward, nearly half of the new entity, TikTok USDS Joint Venture LLC, will be controlled by investors including Oracle ...
A deal to keep TikTok active in the US has been confirmed by ByteDance's CEO after several deadline extensions ...
TikTok CEO Shou Chew told employees of the social media app Thursday that its owner, China’s ByteDance, has signed binding ...
The details are still emerging and the deal is not completely final. There are also still lingering questions about whether ...