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 ...

A new deal would give U.S. investors control of TikTok’s American business, easing long-running concerns over data security ...

The deal “marks the end of years of uncertainty” about TikTok’s fate in the U.S., The Associated Press said. Congress passed ...

TikTok CEO Shou Chew told employees of the social media app Thursday that its owner, China’s ByteDance, has signed binding ...