While TikTok's future in the US has been secured, questions remain about exactly what changes US users will see.
TikTok has finalized a deal to create a new American entity, avoiding the looming threat of a ban in the United States that has been in discussion for years on the platform now used by more than ...
TEMPO.CO, Jakarta - TikTok has set up a majority American-owned joint venture to secure its U.S. operations, averting a ban on the short video app over its Chinese ownership. The TikTok USDS Joint ...
The idea was to prevent Chinese control of the app for US users, but the deal gives 15% of the new venture to another foreign company: Abu Dhabi-based MGX.
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WASHINGTON, Jan 22 (Reuters) - TikTok's Chinese owner, ByteDance, on Thursday said it ‌has ​finalized a deal to establish a ...
TikTok US deal is done with Oracle, Silver Lake, and MGX holding 80.1% stake. ByteDance retains 19.9% in the new American ...
The signs are cautiously positive that a deal has been done – and importantly, that it has the approval of the Chinese ...
TikTok owner ByteDance has finally struck a deal to sell its US operations to a consortium of non-Chinese investors, which ...
ByteDance retains algorithms and intellectual property rights and remains the largest single shareholder of the new joint ...
The joint venture acquiring TikTok’s US assets has been formally established and has announced its leadership team, according to the company, one day before the deadline set by President Donald ...