Chinese tech giant ByteDance has signed an agreement to sell a majority stake in its video platform TikTok to a group of U.S.

In a memo to staff reviewed by Reuters, TikTok CEO Shou Zi Chew confirmed that all US data “will be stored in a trusted and ...

TikTok has finally chosen a path that keeps the app alive in the United States, agreeing to carve out its American business ...

ByteDance has signed agreements to transfer control of TikTok's U.S. operations to investors like Oracle, avoiding a potential U.S. ban. The new venture, valued at $14 billion, will see Oracle, Silver ...

TikTok’s Chinese owner is poised to keep roughly half the profits from the app’s US business — even after ceding majority ownership to US investors under a deal pushed by President Trump, according to ...

TikTok has signed a deal to sell its U.S. entity in a joint venture majority-controlled by American investors Oracle and Silver Lake, along with Abu Dhabi-based MGX.

A deal between the U.S. and China over the ownership of TikTok includes new stipulations over who controls the social media company's algorithm, a closely guarded secret which has proved to be a major ...

President Donald Trump is set to sign an executive order that could allow American companies to partially own TikTok, addressing national security concerns. President Trump is expected to sign an ...

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

Quick Read Oracle (ORCL) shares jumped 5% in premarket trading after ByteDance signed binding agreements for a U.S. TikTok joint venture. Oracle amd others will hold up to 50% alongside other American ...