SAN FRANCISCO — TikTok has signed a deal to sell its U.S. business to three American investors — Oracle, Silver Lake and MGX — ensuring the popular social video platform can continue operating in the ...
TikTok has signed agreements with three major investors , Oracle, Silver Lake and MGX — to form a new TikTok U.S. joint venture, ensuring the popular social video platform can continue operating in ...
TikTok's Chinese owner ByteDance Ltd. has signed binding agreements with three major investors to sell just over 80% of US assets to American and global investors to avoid a US government ban. Under ...
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TikTok agrees to sell US unit to American-led investor group including Oracle and Silver Lake: report
TikTok moved to end a years-long political and legal battle on Thursday as Chief Executive Officer (CEO) Shou Chew told staff the company signed a deal to sell its U.S. unit to an American-led ...
The deal marks the end of years of uncertainty about the fate of TikTok in the US. The venture will have a new American-majority board of directors and user data will be stored locally. TikTok's ...
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