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 ...

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

TikTok has agreed to form a new U.S. joint venture with Oracle, Silver Lake and other investors, creating a majority American ...

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

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

TikTok's U.S. deal with Oracle isn't a social media trade, it's an infrastructure one. Here's how certain ETFs could benefit.

Oracle (ORCL) stock rises after TikTok U.S. joint venture news, highlighting growth in cloud infrastructure and AI workloads.

TikTok firmó un acuerdo con tres grandes inversores —Oracle, Silver Lake y MGX— para formar una nueva empresa estadounidense ...

TikTok came one step closer to finalizing its divestment deal to continue operating in the United States on Thursday.

RBC said that the deal could ease concerns about Oracle’s reliance on a small number of major cloud customers. ・Oracle will ...