TikTok, US
Digest more
Oracle, Silver Lake, and Abu Dhabi’s state-owned investment firm MGX each plan to take a 15% stake. ByteDance will retain 19.9%.
1don MSN
TikTok has reached a deal with investors on its US business. Read the full memo from its CEO.
The deal comes more than a year after Congress passed a law that forced its owner ByteDance to divest its US operations or face a ban.
Going forward, nearly half of the new entity, TikTok USDS Joint Venture LLC, will be controlled by investors including Oracle, Silver Lake and MGX. Current ByteDance investor affiliates will own around 30 percent, and ByteDance itself will control just under 20 percent.
The Jon Hamm meme has us singing 'Turn the Lights Off' by Kato rewatching the underrated Apple TV series the scene came from.
The inaugural 2025 TikTok Awards will honor a variety of content creators, including beauty influencers, film buffs, comedians and filmmakers. The ceremony's theme is "New Era. New Icons." The TikTok Awards will be headlined by singer-songwriter Ciara,
TikTok creator Riziki Ilenre died Dec. 12. Montgomery police are investigating the circumstances, including reports of cyberbullying. What we know.