Oracle, Silver Lake, and Abu Dhabi’s state-owned investment firm MGX each plan to take a 15% stake. ByteDance will retain ...

Oracle and other investors have a deal with TikTok parent ByteDance to own the video app's U.S. operations. But we don't know ...

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

TikTok’s recommendation system is under scrutiny after ByteDance agreed to a US-focused joint venture to avoid a ban.

A new U.S.-based joint venture would keep TikTok online while handing oversight of its algorithm and data security to some of ...

TikTok parent company ByteDance has signed a deal to spin off its US business that will be majority-owned by American ...

TikTok has been a thorn in US-China relations since the first Donald Trump administration but the tensions escalated last ...

TikTok's China-based parent company ByteDance must sever ties with TikTok or lose access to U.S. app stores and web-hosting ...

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.

Under the arrangement, 50% of the new TikTok US venture will be owned by a group of investors, including Oracle, Silver Lake ...

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.