Oracle and other investors have a deal with TikTok parent ByteDance to own the video app's U.S. operations. But we don't know ...
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 content recommendation algorithm that powers the online short video platform TikTok has once again come under the ...
The Chinese-owned video app formalized commitments from the software giant Oracle and two investment firms as part of a deal ...
TikTok's Chinese owner, ByteDance, on Thursday signed binding agreements to hand control of the short video app's U.S.
TikTok's China-based parent company ByteDance must sever ties with TikTok or lose access to U.S. app stores and web-hosting ...
TikTok CEO Shou Chew told employees of the social media app Thursday that its owner, China’s ByteDance, has signed binding ...
The deal, set to close on Jan. 22, will end years of efforts to force the app's Chinese parent company ByteDance to divest its US business.
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 has signed a deal to sell its U.S. operations to a group of investors led by Larry Ellison, the billionaire ally of Trump whose family media and entertainment empire just got bigger.
The agreement aims to resolve a yearslong standoff between the popular social media platform and the U.S. government over national security concerns tied to China's parent company, ByteDance.