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TikTok, Oracle and ByteDance

TikTok avoids US ban as ByteDance hands control of US operations to Oracle-led group

TikTok’s Chinese owner, ByteDance, has signed binding agreements to transfer control of the app’s U.S. operations to a new investor-led entity, marking a major step toward avoiding a nationwide ban and ending years of political uncertainty.

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China's ByteDance signs deal to form joint venture in step to avoid US TikTok ban

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TikTok signs deal to form new U.S. unit with American investors, including Oracle, Silver Lake

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Billionaire Trump supporter leads takeover of TikTok’s US arm

TikTok’s Chinese owner, ByteDance, revealed on Thursday it had signed binding agreements with three major investors to form a joint venture to operate TikTok’s US app.

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China's ByteDance signs deal to form joint venture to operate TikTok US app

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TikTok owner ByteDance signs binding deal to create U.S. joint venture

24/7 Wall St. on MSN

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 ByteDance signed binding agreements to form a U.S. joint venture majority-owned by American investors.

CoinCentral

Oracle (ORCL) Stock: Gains After TikTok Joint Venture Confirmation

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

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What's Going On With Oracle Stock Today?

Shares of Oracle Corporation are trading higher Friday after reports confirmed the technology company will be one of TikTok's new owners.

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 venture, with Oracle’s cloud business as its backbone.

9hon MSN

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 face a ban.