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. Ti...
TikTok’s new US joint venture will hand over national-security related tasks to its partners, while ByteDance holds onto key business lines. TikTok told staff it signed a deal to spin parts of i...
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, ...
The deal is expected to close next month, with Oracle, Silver Lake and MGX owning 45% of TikTok’s U.S. business. Key Facts Forbes Valuation Ellison is the third-wealthiest person in the world with a n...
The new joint venture will prevent TikTok from shutting down in the U.S. due to national security concerns. Oracle ‘s stock jumped about 5% Friday after the cloud provider joined a group of inve...
TikTok US sale agreed as ByteDance signs deal to sell its US business to American investors, with the deal expected to close in 2026. We’ve nearly come to the end of the year and it looks like this wh...
TikTok divests U.S. biz, Sony and Tencent settle, North Korean crypto hackers. Plus: Armadin, FCC, Instacart, Meta, Microsoft Xbox, Rivian, Yann LeCun. Against its better judgment, the Wall Street Jou...
A group of American and global investors will take control of TikTok’s U.S. business under the agreement. TikTok has inked an agreement to sell off its American business to a group of investors ...
TikTok’s Chinese owner ByteDance has signed binding agreements with US and global investors for the majority of its business in America, TikTok’s boss told TikTok’s Chinese owner ByteDance...
The deal closes a long-running drama in which U.S. authorities have sought to compel ByteDance to divest. TikTok has reached a deal to cede a substantial portion of its U.S. operation to a group of Am...
