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TikTok Deal Sealed: US, China Approve Historic American Spinoff

The U.S. and China have approved a deal to sell TikTok’s U.S. business to a consortium of primarily U.S. investors.

The U.S. and China have approved a deal to sell TikTok’s U.S. business to a consortium of primarily U.S. investors led by Oracle Corp. (NYSE:ORCL) and Silverlake. The transaction concludes a years-long dispute between the social media platform and th… [1719 chars]

Source: Benzinga | Published: 2026-01-22T14:36:32Z

Credit: Benzinga

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