1 day ago - Currently, TikTok's system depends on huge amounts of global data and feedback loops, which can change recommendations in an instant. Under the terms of the deal TikTok's algorithm, which will be licensed by investor Oracle, is set to be retrained on American user data.

2 days ago - TikTok has signed a deal to divest its U.S.

1 day ago - WASHINGTON/HONG KONG, Dec 19 (Reuters) - TikTok's Chinese owner, ByteDance, on Thursday signed binding agreements to hand control of the short video app's U.S. operations to a group of investors, including Oracle (ORCL.N), opens new tab, in ...

2 days ago - The Chinese government has signed off on the deal, which involves offloading a large chunk of TikTok to billionaire right wing Trump ally Larry Ellison (fresh off his acquisition of CBS), the private equity firm Silver Lake (which has broad ...

2 days ago - 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.

1 day ago - TikTok on Thursday signed a deal ... app available in the U.S. Nearly 50 percent of the assets — or 15 percent each — will be held by three American companies, Oracle, Silver Lake and MGX....

19 hours ago - Now, you could argue that the subsequent invasion of Iraq was counterproductive to that, but I don't see that argument having water · 1) eliminating a military threat to Saudi Arabia and Israel

2 days ago - TikTok has reached a deal to form a joint venture that will allow it to continue operating in the US, five years after Donald Trump threatened to ban the social media platform over privacy and national security concerns, a move that further ...

2 days ago - TikTok has signed agreements with three major investors — Oracle, Silver Lake and MGX — to form a new TikTok U.S. joint venture, ensuring the popular social video platform can continue operating in the United States.

2 days ago - SAN FRANCISCO (AP) — TikTok has signed agreements with three major investors — Oracle, Silver Lake and MGX — to form a new TikTok U.S. joint venture, ensuring the popular social video platform can continue operating in the United States.

2 days ago - TikTok has reached a deal to cede a substantial portion of its U.S.

2 days ago - Under the agreement, a new TikTok U.S. joint venture will be majority-owned by a consortium of new investors, which will hold a combined 50 percent stake, with Oracle, Silver Lake and MGX each owning 15 percent.

2 days ago - TikTok has signed a deal to sell its U.S. business to three American investors — Oracle, Silver Lake and MGX — ensuring the popular social video platform can continue operating in the United States.

6 days ago - Frank McCourt, founder of Project Liberty, told the BBC that his investor group is ready to move forward but has been left waiting as the US government continues to delay the requirement for TikTok to sell its US operations. “We’re just standing by waiting to see what happens,” McCourt said, adding that his consortium has already raised the capital needed to complete a deal.

2 days ago - The agreement, which Treasury Secretary Scott Bessent said was finalized in late October, seeks to comply with a 2024 law requiring TikTok’s China-based parent company ByteDance to divest from the app or face a U.S.