Under the deal, the new TikTok US company will be owned 50% by a group led by Oracle, private equity firm Silver Lake, and ...

In a memo to staff reviewed by Reuters, TikTok CEO Shou Zi Chew confirmed that all US data “will be stored in a trusted and ...

TikTok’s Chinese owner ByteDance, officially signed binding agreements with international investors to sell a majority stake ...

TikTok announced a deal to sell its U.S. assets to a group of three companies. One of them was co-founded by this Florida billionaire.

The deal means that TikTok, the fast-growing social video platform that upended the strategies of competitors like YouTube ...

The agreement aims to resolve a yearslong standoff between the popular social media platform and the U.S. government over national security concerns tied to China's parent company, ByteDance.

Going forward, nearly half of the new entity, TikTok USDS Joint Venture LLC, will be controlled by investors including Oracle ...

TikTok has signed a deal to form a new U.S. unit with three American investors — Oracle, Silver Lake and MGX — holding a majority stake.