TikTok signs joint venture deal to end U.S. ban threat
TikTok said Thursday it has signed a joint venture deal with investors that would allow the company to maintain operations in the United States
TikTok U.S. Joint Venture to Close in January
The sealed deal is backed by cloud giant Oracle, private equity powerhouse Silver Lake, and Abu Dhabi-based AI investment firm MGX.
TikTok signs deal to sell US unit to American investors, including Oracle, Silver Lake
SAN FRANCISCO (AP) — 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. The deal is expected to close on Jan. 22, according to an internal memo seen by The […]
TikTok signs deal to sell U.S. unit to American investors, including Oracle, Silver Lake
TikTok secures U.S. operations by selling its business to Oracle, Silver Lake, and MGX, ensuring continued service in America.
What to Know About the Deal Giving American Investors a Big Stake in TikTok
TikTok agreed to a new joint venture that will be controlled by American investors, according to reports Thursday.
TikTok Strikes a Deal Giving American Investors a Controlling Stake—Here's What You Need to Know
TikTok agreed to a new joint venture that will be controlled by American investors, according to reports Thursday.
TikTok U.S. Deal to Close Next Month: Oracle and Silver Lake Confirmed in Buyer Consortium
Abu Dhabi's state investment fund will also be a managing investor.
last updated on 19 Dec 10:57