Under the structure outlined in the memo, Oracle, Silver Lake, and Abu Dhabi-based MGX will serve as the three “managing ...
While no Israeli company or state-linked entity is formally involved in the ownership structure of the new TikTok US venture, ...
After Paramount takeover Oracle’s Larry Ellison gains a TikTok stake while waging a takeover fight for Warner Bros. Discovery ...
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 has agreed to form a new U.S. joint venture with Oracle, Silver Lake and other investors, creating a majority American ...
A new U.S.-based joint venture would keep TikTok online while handing oversight of its algorithm and data security to some of ...
TikTok's new US joint venture will hand over national-security related tasks to its partners, while ByteDance holds onto key ...
The deal “marks the end of years of uncertainty” about TikTok’s fate in the U.S., The Associated Press said. Congress passed ...
After six years, a new law, and a Supreme Court fight, ByteDance’s Project Texas may have won out after all. On Thursday, ...
TikTok CEO Shou Chew told employees of the social media app Thursday that its owner, China’s ByteDance, has signed binding ...
TikTok's CEO informed staff members on Thursday that ByteDance, the company's Chinese owner, has entered into legally binding ...