The moves are being made so that the popular app can continue operating in the US.
In April 2024, during President Joe Biden's administration, the US Congress passed a law to ban the app over national ...
TikTok's China-based parent company ByteDance must sever ties with TikTok or lose access to U.S. app stores and web-hosting ...
TikTok's Chinese owner, ByteDance, signed binding agreements with three major investors to sell just over 80% of the company's U.S. assets to American and global investors to avoid a U.S. government ...
After six years, a new law, and a Supreme Court fight, ByteDance’s Project Texas may have won out after all. On Thursday, ...
The deal follows months of the Trump administration attempting to reach an agreement with Chinese-based TikTok owner ByteDance.
The details are still emerging and the deal is not completely final. There are also still lingering questions about whether ...
TikTok’s US operation sold to a US‑led consortium led by Oracle and Silver Lake; ByteDance keeps a 20% stake, and the app ...
TikTok’s Chinese parent company ByteDance has signed binding agreements with US and global investors to sell a majority stake ...
Oracle's Executive Chairman Larry Ellison, a long-time ally of Trump, is among the new investors. The deal ensures that ...
A new ownership structure limits ByteDance’s control, addresses US security concerns, and reduces the immediate risk of ...
Technology Technology   The Big Story TikTok signs agreement for U.S. spin-off TikTok on Thursday signed a deal to spin off ...