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 ...

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

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.

A memo from TikTok’s top executive reportedly says that the social-media phenomenon inked deals to create a U.S. joint ...

ByteDance and TikTok have signed "binding agreements" with three managing investors: Oracle Corporation, Silver Lake and Abu ...