TikTok’s new US joint venture will hand over national-security related tasks to its partners, while ByteDance holds onto key business lines.
Is TikTok really selling its US business? Kind of.
TikTok has reached an agreement that would give it a new set of owners in the US as part of a joint-venture agreement. Larry Ellison’s Oracle, Abu Dhabi investment firm MGX, and private-equity firm S… [2878 chars]
Source: Business Insider | Published: 2025-12-19T19:33:51Z
Credit: Business Insider
