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 ...
According to an internal company memo obtained by NPR, the Chinese-owned company has signed a deal to form a new joint venture to run the app in the U.S.
Social media giant TikTok struck an agreement to put its U.S. operations under the majority control of U.S. investors, ...
Just before the event's red carpet kickoff at the Hollywood Palladium, news broke that the U.S. deal for TikTok is officially ...
The deal won't do "a thing to protect the privacy of American users," said Senate Democrat Ron Wyden of Oregon, who voted ...
TikTok CEO Shou Chew told employees of the social media app Thursday that its owner, China’s ByteDance, has signed binding agreements to create a joint venture for the app in the United States, as ...
Going forward, nearly half of the new entity, TikTok USDS Joint Venture LLC, will be controlled by investors including Oracle ...
Oracle, Silver Lake, and MGX each secured 15% stakes in the newly formed JV, while ByteDance retains 19.9% ownership of what ...
The event, which streamed live from the Hollywood Palladium on Thursday, handed out 14 awards and battled problems with its ...
TikTok announced a deal to sell its U.S. assets to a group of three companies. One of them was co-founded by this Florida ...
(THE CONVERSATION) Chinese tech giant ByteDance has signed an agreement to sell a majority stake in its video platform TikTok to a group of U.S. investors. President Donald Trump announced a ...
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