A memo reportedly reveals that the new U.S. investors may wield significantly less influence than anticipated.
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.
The deal is expected to close next month, with Oracle, Silver Lake and MGX owning 45% of TikTok’s U.S. business.
TikTok’s U.S. operations will be run by a new joint venture named TikTok USDS Joint Venture LLC, according to a report from ...
Oracle Corporation (NYSE:ORCL) is one of the Stocks That Will Go To The Moon in 2026. On December 19, Rishi Jaluria from RBC ...
The deal means that TikTok, the fast-growing social video platform that upended the strategies of competitors like YouTube ...
TikTok has signed a deal to sell its U.S. operations to a group of investors led by Larry Ellison, the billionaire ally of Trump whose family media and entertainment empire just got bigger.
The ByteDance-owned platform has signed a joint venture agreement with Oracle, Silver Lake and Abu Dhabi’s MGX that is set to ...
TikTok owner ByteDance has agreed a deal to hand control of the video-sharing platform’s US operations to a group of ...
Oracle (ORCL) stock rises after TikTok U.S. joint venture news, highlighting growth in cloud infrastructure and AI workloads.