The TikTok deal is done and the US business is now officially known as "TikTok USDS Joint Venture LLC." Oracle will own a significant, but not controlling stake in the new TikTok JV. Oracle, alongside ...
The social media firm TikTok has finalised a long-anticipated agreement to establish a new United States-based entity, easing the threat of a nationwide ban that has loomed over the short-video ...
Washington — A year after a federal law that effectively mandated a nationwide ban on TikTok went into effect, the platform announced the formation of a new U.S.-based entity to comply with the ...
TikTok and its Chinese parent company ByteDance have formed a joint venture to transfer parts of TikTok's US business to non-Chinese owners, including Oracle, Silver Lake and MGX. (Reuters / Dado ...
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