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 has signed a deal to sell its U.S. business to three American investors — Oracle, Silver Lake and MGX — ensuring the ...
TikTok has agreed to sell its U.S. operations to an investment group that includes Oracle, Silver Lake, and UAE-based company ...
President Donald Trump has repeatedly extended a deadline that required TikTok to be banned in the U.S. if the company’s U.S.
Oracle (NYSE: ORCL) shares are jumping 5% in premarket trading this morning, following news that TikTok’s parent company ...
A memo from TikTok’s top executive reportedly says that the social-media phenomenon inked deals to create a U.S. joint ...
The deal means that TikTok, the fast-growing social video platform that upended the strategies of competitors like YouTube ...
A study, which researchers from the U.S. and Germany published last year, found TikTok's algorithm "exploits user interests in 30% to 50% of the recommendation videos", after examining data from 347 ...
TikTok agrees to place U.S. operations under a new investor-controlled entity, with ByteDance retaining a minority stake.
While no Israeli company or state-linked entity is formally involved in the ownership structure of the new TikTok US venture, ...