Under the deal, the new TikTok US company will be owned 50% by a group led by Oracle, private equity firm Silver Lake, and ...
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 ...
TikTok’s recommendation system is under scrutiny after ByteDance agreed to a US-focused joint venture to avoid a ban.
TikTok parent company ByteDance has signed a deal to spin off its US business that will be majority-owned by American ...
A new U.S.-based joint venture would keep TikTok online while handing oversight of its algorithm and data security to some of ...
TikTok's China-based parent company ByteDance must sever ties with TikTok or lose access to U.S. app stores and web-hosting ...
TikTok may have dodged a US ban but unresolved questions about its algorithm could remain a source of tension in the broader ...
May 30 (Reuters) - TikTok is working on a clone of its recommendation algorithm for its 170 million U.S. users that may result in a version that operates independently of its Chinese parent and be ...
Social media giant TikTok struck an agreement to put its U.S. operations under the majority control of U.S. investors, ...
Another announcement from TikTok came yesterday, when the company told U.S. employees they’d be returning to in-person work ...
TikTok has signed a deal to form a new U.S. unit with three American investors — Oracle, Silver Lake and MGX — holding a majority stake.
TikTok’s long-delayed plan to separate from Chinese parent ByteDance Ltd. was put in motion Thursday when the video sharing sensation said it’s being bought by a group of buyers led by Oracle Corp.