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TikTok avoids US ban as ByteDance hands control of US operations to Oracle-led group
TikTok’s Chinese owner, ByteDance, has signed binding agreements to transfer control of the app’s U.S. operations to a new ...
The deal comes more than a year after Congress passed a law that forced its owner ByteDance to divest its US operations or ...
A new deal would give U.S. investors control of TikTok’s American business, easing long-running concerns over data security ...
TikTok's Chinese owner, ByteDance, on Thursday signed binding agreements to hand control of the short video app's U.S. operations to a group of investors, including Oracle, in a big step toward ...
For a reading of Wall Street's shifting mood on the AI investment boom, take a look at the daily fluctuations of Oracle stock, analysts say.
After a year of wrangling, it looks like TikTok's American operations will be sold to U.S. investors including Silver Lake and MGX.
In April 2024, during President Joe Biden's administration, the US Congress passed a law to ban the app over national ...
TikTok has agreed to give control of its US operations to a new joint venture led by billionaire Larry Ellison and a tech ...
A new ownership structure limits ByteDance’s control, addresses US security concerns, and reduces the immediate risk of ...
TikTok said Thursday it has signed a joint venture deal with investors that would allow the company to maintain operations in ...
TikTok told staff it has signed an agreement with a group of investors to create a new joint venture for its US business, according to an internal memo seen by Business Insider. The company said the ...
TikTok has signed a deal to form a new U.S. joint venture controlled by mostly American investors that include Oracle ...
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