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TikTok, ByteDance

TikTok owner ByteDance on track for $50 billion profit in 2025

ByteDance Ltd. is on track for profits of roughly $50 billion in 2025, capping a record year for a Chinese social media leader making major inroads into e-commerce and new markets.The Beijing-based parent company of TikTok is on track to hit that milestone after amassing net income of about $40 billion over the year’s first three quarters,

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TikTok owner ByteDance signs binding deal to create new US joint venture

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ByteDance confirms TikTok will be controlled by US owners

TikTok, Spin Off

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TikTok has reached a deal with investors on its US business. Read the full memo from its CEO.

TikTok reached a deal with a group of investors to form a new joint venture for its US business, according to an internal memo viewed by Business Insider.

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TikTok Has Signed the Deal to Spin Off Its US Entity with American Investor Group

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TikTok signs deal to spin off US business

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TikTok reaches agreements on new US joint venture with closing set for 2026

TikTok moved to end a years-long political and legal battle on Thursday as Chief Executive Officer (CEO) Shou Chew told staff the company signed a deal to sell its U.S. unit to an American-led investo...

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China's ByteDance signs deal to form joint venture in step to avoid US TikTok ban

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TikTok signs deal with three major investors to form new U.S. joint venture

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Leaked Memo Reveals Why TikTok's New US Owners May Have Less Power Than Expected

TikTok has finalized a deal with new US owners including Oracle, MGX, and Silver Lake. However, these investors will not have significant control over key business areas, according to an internal memo.

Florida billionaire Larry Ellison's company part of TikTok deal. What to know

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 billionaire.

TikTok Finally Strikes a Deal to Be Taken Over by Trump Allies

A new U.S.-based joint venture would keep TikTok online while handing oversight of its algorithm and data security to some of America’s wealthiest investors.

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Explainer: What is so special about TikTok's algorithm?

The content recommendation algorithm that powers the online short video platform TikTok has once again come under the spotlight after the app's Chinese owner ByteDance signed binding agreements to form a joint venture that will hand control of operations of TikTok's U.

TikTok’s Long-Awaited Sale Has Finally Arrived. Here’s What to Know

Going forward, nearly half of the new entity, TikTok USDS Joint Venture LLC, will be controlled by investors including Oracle, Silver Lake and MGX. Current ByteDance investor affiliates will own around 30 percent, and ByteDance itself will control just under 20 percent.

ByteDance’s agreement to sell TikTok puts app’s algorithm in the spotlight – a social media expert explains how the ‘For You’ page works and what’s to come

(THE CONVERSATION) Chinese tech giant ByteDance has signed an agreement to sell a majority stake in its video platform TikTok to a group of U.S. investors. President Donald Trump announced a preliminary agreement for the sale on Sept. 19, 2025, following his negotiation with Chinese leader Xi Jinping.

Axios AI+ on MSN

Scoop: TikTok signs deal for sale of US unit after yearslong saga

TikTok has signed a deal to divest its U.S. entity to a joint venture controlled by American investors, per an internal memo seen by Axios. Why it matters: A deal would end a yearslong saga to force TikTok's Chinese parent ByteDance to sell the company's U.