Under the deal, the new TikTok US company will be owned 50% by a group led by Oracle, private equity firm Silver Lake, and ...

The deal is expected to close next month, with Oracle, Silver Lake and MGX owning 45% of TikTok’s U.S. business.

TikTok’s long-delayed plan to separate from Chinese parent ByteDance was put in motion Thursday when the video sharing ...

Oracle (NYSE: ORCL) shares are jumping 5% in premarket trading this morning, following news that TikTok’s parent company ...

The deal comes more than a year after Congress passed a law that forced its owner ByteDance to divest its US operations or ...

The deal means that TikTok, the fast-growing social video platform that upended the strategies of competitors like YouTube ...

TikTok on Thursday signed a deal to spin off its U.S. business, bringing to a close a months-long saga to keep the popular ...

Oracle shares jumped 6% in pre-market on Friday as TikTok's U.S. agreement helped calm AI bubble fears after a volatile macro ...

TikTok announced a deal to sell its U.S. assets to a group of three companies. One of them was co-founded by this Florida ...

TikTok agrees to place U.S. operations under a new investor-controlled entity, with ByteDance retaining a minority stake.

After six years, a new law, and a Supreme Court fight, ByteDance’s Project Texas may have won out after all. On Thursday, ...

SAN FRANCISCO (AP) — TikTok has signed agreements with three major investors — Oracle, Silver Lake and MGX — to form a new ...