TikTok reaches a deal with investors on its US business

The deal comes more than a year after Congress passed a law that forced its owner ByteDance to divest its US operations or ...
Yicai Global

ByteDance to Have Largest Single Stake in New TikTok US Security JV and Keep Algorithm IP

The TikTok deal, signed pursuant to an executive order signed by US President Donald Trump on Sept. 25, specifies that the ...

TikTok Strikes Deal to Offload US Operations

Oracle, Silver Lake, and MGX each secured 15% stakes in the newly formed JV, while ByteDance retains 19.9% ownership of what ...

TikTok signs deal to form new US unit with investors, including Oracle, Silver Lake

Oracle, Silver Lake and MGX — to form a new TikTok U.S. joint venture, ensuring the popular social video platform can ...
News.az

ByteDance seals deal to shift TikTok US control to investors

Under the deal, American and global investors will own 80.1% of the new entity, while ByteDance will retain a 19.9% stake, ...

China’s ByteDance could be forced to sell TikTok U.S., but its quiet lead in AI will help it survive—and maybe even thrive

To keep its advantage in the AI race, ByteDance needs access to powerful AI chips. Media reports claim ByteDance is the largest purchaser of Nvidia chips inside China and that it has explored ...

TikTok signs Trump-backed deal to sell US entity to American investors

The deal follows months of the Trump administration attempting to reach an agreement with Chinese-based TikTok owner ByteDance.
CNA

TikTok's journey from global sensation to Trump target

TikTok's Chinese owner, ByteDance, ‌signed binding agreements with three major investors to sell just over 80 per cent of the ...