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

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

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 ‌content recommendation algorithm that powers the online short video platform TikTok has once again come under the ...

TikTok's Chinese owner, ByteDance, on Thursday signed binding agreements to hand control of the short video app's U.S.

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

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

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

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 ...

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.