TikTok's new US joint venture will hand over national-security related tasks to its partners, while ByteDance holds onto key ...
The agreement aims to resolve a yearslong standoff between the popular social media platform and the U.S. government over national security concerns tied to China's parent company, ByteDance.
The deal is expected to close next month, with Oracle, Silver Lake and MGX owning 45% of TikTok’s U.S. business.
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 has signed agreements with investors to establish a new U.S. joint venture, a move CEO Shou Chew said advances the ...
ByteDance and TikTok have signed "binding agreements" with three managing investors: Oracle Corporation, Silver Lake and Abu ...
The deal comes more than a year after Congress passed a law that forced its owner ByteDance to divest its US operations or ...
TikTok has agreed to sell its U.S. operations to an investment group that includes Oracle, Silver Lake, and UAE-based company ...
TikTok has signed agreements with three major investors — Oracle, Silver Lake and MGX — to form a new TikTok U.S. joint ...
Oracle (NYSE: ORCL) shares are jumping 5% in premarket trading this morning, following news that TikTok’s parent company ...
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 has signed agreements with three major investors to form a new U.S. joint venture, ensuring the popular social video ...