TikTok has agreed to form a new U.S.-based joint venture with investors including Oracle and Silver Lake, reducing ...

The fund seeks to enable researchers to make leaps rather than incremental advances in the natural sciences and engineering.

TikTok’s Chinese owner, ByteDance, has signed binding agreements with three major investors to form a new joint venture that will operate TikTok’s US app, a move aimed at averting a long-threatened ...

In April 2024, during President Joe Biden's administration, the US Congress passed a law to ban the app over national ...

The sealed deal is backed by cloud giant Oracle, private equity powerhouse Silver Lake, and Abu Dhabi-based AI investment firm MGX.

TikTok has reached binding deals with Oracle, Silver Lake and MGX to create a new TikTok U.S. joint venture, securing the ...

TikTok, which is owned by China’s ByteDance, has inked an agreement to sell a majority of its US business to three investors.

Under the deal, American and global investors will own 80.1% of the new entity, while ByteDance will retain a 19.9% stake, ...

TikTok has more than 170 million U.S. users, which is why this story is not just corporate chess, it is a massive cultural ...

The US joint venture will be responsible for US user data protection, algorithm security, content moderation and software assurance. Sensitive American user data will be stored on US-based cloud ...

The deal is set to close on January 22 after ByteDance signs binding agreements, with Oracle, Silver Lake and MGX each ...

ByteDance has signed a binding deal to shift control of TikTok's US operations to a new joint venture, a key step to avoid a ...