Oracle's Executive Chairman Larry Ellison, a long-time ally of Trump, is among the new investors. The deal ensures that ...

American investors will take over the US version of TikTok as part of agreements signed on Thursday by the app's Chinese owner, ByteDance. The ramifications could be huge for the millions of creators ...

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

TikTok agrees to place U.S. operations under a new investor-controlled entity, with ByteDance retaining a minority stake.

TikTok has signed agreements with investors to establish a new U.S. joint venture, a move CEO Shou Chew said advances the ...

The deal comes more than a year after Congress passed a law that forced its owner ByteDance to divest its US operations or ...

The deal marks the end of years of uncertainty about the fate of the popular video-sharing platform in the United States.

Technology Technology   The Big Story TikTok signs agreement for U.S. spin-off TikTok on Thursday signed a deal to spin off ...

TikTok employees working for the company’s U.S. Data Security division will be moved under a U.S. joint venture ownership company in January and will no longer be able to receive Restricted Stock ...

In a memo obtained by media outlets, TikTok CEO Shou Zi Chew informed employees that the company has signed a deal to be acquired by a ...

Social media giant TikTok struck an agreement to put its U.S. operations under the majority control of U.S. investors, ...