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TikTok signs US deal with 3 investors

TikTok signs deal to form new US unit with investors, including Oracle, Silver Lake

TikTok has signed agreements with three major investors — Oracle, Silver Lake and MGX — to form a new TikTok U.S. joint venture, ensuring the popular social video platform can continue operating in the United States.

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TikTok signs deal to give U.S. operations to Oracle-led investor group

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TikTok signs deal with three major investors to form new U.S. joint venture

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TikTok says Chinese owner will retain core US business

TikTok has signed binding agreements with investors including Oracle, Silver Lake and MGX for the sale of its US arm, creating a joint venture as part of a deal orchestrated by President Donald Trump.

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TikTok signs deal to sell US unit to American investors

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Oracle Stock Jumps After Forming TikTok Joint Venture

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TikTok's new US owners won't control key parts of the business, according to a leaked memo

TikTok's new US joint venture will hand over national-security related tasks to its partners, while ByteDance holds onto key business lines.

17hon MSN

Larry Ellison Retakes No.3 Richest Spot From Jeff Bezos As Oracle Shares Rise On TikTok Deal

The deal is expected to close next month, with Oracle, Silver Lake and MGX owning 45% of TikTok’s U.S. business.

24/7 Wall St. on MSN

Is TikTok — Not AI — What Saves Oracle?

Oracle (NYSE: ORCL) shares are jumping 5% in premarket trading this morning, following news that TikTok’s parent company ByteDance signed binding agreements to form a U.S. joint venture majority-owned by American investors.

10hon MSN

TikTok has reached a deal with investors on its US business. Read the full memo from its CEO.

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.

19h

Florida billionaire Larry Ellison's company part of TikTok deal. What to know

TikTok announced a deal to sell its U.S. assets to a group of three companies. One of them was co-founded by this Florida billionaire.

1don MSN

Oracle’s stock is rising. Why TikTok’s U.S. deal could be good news for the tech company.

A memo from TikTok’s top executive reportedly says that the social-media phenomenon inked deals to create a U.S. joint venture, with Oracle’s cloud business as its backbone.