TikTok has reached a deal with investors on its US business. Read the full memo from its CEO.

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

TikTok reaches agreements on new US joint venture with closing set for 2026

TikTok has signed agreements with investors to establish a new U.S. joint venture, a move CEO Shou Chew said advances the ...

Larry Ellison Retakes No.3 Richest Spot From Jeff Bezos As Oracle Shares Rise On TikTok Deal

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

TikTok's new US owners won't control key parts of the business, according to a leaked memo

TikTok's new US joint venture will hand over national-security related tasks to its partners, while ByteDance holds onto key ...
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Is TikTok — Not AI — What Saves Oracle?

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

Oracle’s stock is rising. Why TikTok’s U.S. deal could be good news for the tech company.

A memo from TikTok’s top executive reportedly says that the social-media phenomenon inked deals to create a U.S. joint ...