TikTok’s Chinese owner is poised to keep roughly half the profits from the app’s US business — even after ceding majority ownership to US investors under a deal pushed by President Trump, according to ...

TikTok has signed binding agreements with a group of investors, including Oracle Corp. (NYSE: ORCL), Silver Lake and Emirati investment firm MGX, to form a new TikTok U.S. entity, reported The ...

・Oracle shares were up more than 8% in Friday’s midday trade after China’s ByteDance struck a deal to sell TikTok’s U.S. operations to a new entity, TikTok USDS Joint Venture, which includes the ...

TikTok’s Chinese owner, ByteDance, signed binding agreements with three major investors to sell just over 80% of the company’s US assets to American and global investors to avoid a US government ban, ...

A final agreement to bring U.S. operations of ByteDance (BDNCE)-run TikTok under American ownership will be signed in the coming days, White House Press Secretary Karoline Leavitt said Saturday. In an ...

Investor conviction in ByteDance's potential has deepened, with its valuation rising, reflecting growing confidence in the country's tech capabilities. ByteDance may still be "largely undervalued" ...

Catherine Thorbecke is a Bloomberg Opinion columnist covering Asia tech. Previously she was a tech reporter at CNN and ABC News. ByteDance Ltd. is best known abroad as the embattled parent of TikTok.

Oracle Corp (NYSE: ORCL) shares are moving higher in extended trading on Thursday after President Donald Trump signed an executive order to approve a deal to keep TikTok available in the U.S. The ...

Oracle (ORCL) stock jumped 9.6% to $155.95 Monday as D.A. Davidson upgraded to Buy citing OpenAI's $40B cash and TikTok USA's $800M revenue contribution.