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

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 ...

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

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

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

TikTok CEO Shou Chew also told employees that ByteDance signed binding agreements to create a joint venture majority-owned by ...

TikTok’s US joint venture gives Oracle and others a stake, but ByteDance will retain control of ads and e-commerce, a leaked ...

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

SAN FRANCISCO (AP) — TikTok has signed agreements with three major investors — Oracle, Silver Lake and MGX — to form a new ...

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.