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We have more details on the TikTok deal, including some ownership statistics

TikTok has signed a deal to spin off its US business. Investors include Oracle, Silver Lake and MGX, with around 15 percent ownership each.

TikTok has signed a deal to spin off its American business, according to reporting from Associated Press and others. This should keep the popular social media app available in the US for good, capping off years of drama.
We now have some new data as … [1272 chars]

Source: Engadget | Published: 2025-12-19T16:30:03Z

Credit: Engadget

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