The moves are being made so that the popular app can continue operating in the US.

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

TikTok came one step closer to finalizing its divestment deal to continue operating in the United States on Thursday.

The Normies review and discuss Episode 13 & 14 AKA Misguided Miscreant Parts 1 & 2! Chapters: 00:00 1. Episode 13 Intro 3:09 ...

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

Social media giant TikTok struck an agreement to put its U.S. operations under the majority control of U.S. investors, ...

The rest of TikTok will be retained by its parent company, ByteDance. The memo says the American branch of TikTok will ...

Just before the event's red carpet kickoff at the Hollywood Palladium, news broke that the U.S. deal for TikTok is officially ...

TikTok CEO Shou Chew told employees of the social media app Thursday that its owner, China’s ByteDance, has signed binding ...

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

The details are still emerging and the deal is not completely final. There are also still lingering questions about whether ...

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