The deal is expected to close next month, with Oracle, Silver Lake and MGX owning 45% of TikTok’s U.S. business.
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 ...
After Paramount takeover Oracle’s Larry Ellison gains a TikTok stake while waging a takeover fight for Warner Bros. Discovery ...
The deal means that TikTok, the fast-growing social video platform that upended the strategies of competitors like YouTube ...
TikTok's new US joint venture will hand over national-security related tasks to its partners, while ByteDance holds onto key ...
TikTok has signed a deal to form a new U.S. joint venture controlled by mostly American investors that include Oracle ...
The deal comes more than a year after Congress passed a law that forced its owner ByteDance to divest its US operations or ...
The agreement aims to resolve a yearslong standoff between the popular social media platform and the U.S. government over ...
TikTok said Thursday it had signed a joint venture deal with investors that would allow the company to maintain operations in ...
A new deal would give U.S. investors control of TikTok’s American business, easing long-running concerns over data security ...