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

A number of investors are competing for the opportunity to purchase the app, and if a deal were to go through, the platform's ...

TikTok’s Chinese owner, ByteDance, has signed binding agreements to transfer control of the app’s U.S. operations to a new ...

WASHINGTON/HONG KONG >> ​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, ...

ByteDance has signed a binding deal to shift control of TikTok's US operations to a new joint venture, a key step to avoid a ban and end years of uncertainty over the app ...

TikTok has finalized an agreement to sell a sufficient stake in its US operations to comply with the country’s divest-or-ban law, setting the stage for ...

Oracle, Silver Lake, and MGX each secured 15% stakes in the newly formed JV, while ByteDance retains 19.9% ownership of what was once their crown jewel.

The deal would end years of efforts to force the app's Chinese parent ByteDance to divest its US business over national security concerns.

The deal, which is expected to officially close next month, will end years of efforts to force Chinese company ByteDance to divest its US business.

ByteDance, TikTok's Chinese owner, has finalized agreements to sell over 80% of its U.S. assets to American and international investors. This move aims to prevent a U.S. ban and involves major ...