The deal comes more than a year after Congress passed a law that forced its owner ByteDance to divest its US operations or ...
Oracle, Silver Lake, and Abu Dhabi’s state-owned investment firm MGX each plan to take a 15% stake. ByteDance will retain ...
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 ...
The moves are being made so that the popular app can continue operating in the US.
TikTok in the United States is about to see significant change as a new US-based algorithm is introduced in the name of ...
Social media giant TikTok struck an agreement to put its U.S. operations under the majority control of U.S. investors, ...
The ByteDance-owned platform has signed a joint venture agreement with Oracle, Silver Lake and Abu Dhabi’s MGX that is set to ...
The content recommendation algorithm that powers the online short video platform TikTok has once again come under the ...
TikTok has finalized a deal to spin off parts of its US business into a joint venture, but the new investors won't be calling ...
The TikTok algorithm could be split, claims a report, with a US-only version used for the hugely popular app to try to avoid a ban. Developer Bytedance has tweeted that the report is not accurate, but ...
TikTok is preparing to launch a standalone app for US users that is expected to operate on a separate algorithm and data system from its global app, laying the groundwork for a potential sale ...