TikTok parent company ByteDance has signed a deal to spin off its US business that will be majority-owned by American ...
In September, President Donald Trump signed an executive order extending the TikTok ban through Jan. 23, 2026.
Going forward, nearly half of the new entity, TikTok USDS Joint Venture LLC, will be controlled by investors including Oracle ...
TikTok has signed the deal backed by President Donald Trump to spin off its US assets to create a new entity with a group of mostly American investors, CEO Shou Chew told employees in a memo Thursday.
TikTok's China-based parent company ByteDance must sever ties with TikTok or lose access to U.S. app stores and web-hosting ...
Under the terms of the deal TikTok's algorithm, which will be licensed by investor Oracle, is set to be retrained on American ...
Many had worried that the app might disappear after the Supreme Court upheld a ban on the platform due to national security concerns raised by President Trump in 2020.
The details are still emerging and the deal is not completely final. There are also still lingering questions about whether ...
TikTok’s Chinese owner ByteDance, officially signed binding agreements with international investors to sell a majority stake ...
TikTok's Chinese owner, ByteDance, on Thursday signed binding agreements to hand control of the short video app's U.S.