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TikTok signs US deal with 3 investors

China's ByteDance signs deal to form joint venture in step to avoid US TikTok ban

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 (ORCL.N), in a big step towa...

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TikTok owner signs deal to avoid US ban

· 6h · on MSN

TikTok owner ByteDance signs binding deal to create U.S. joint venture

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TikTok owner signs agreements to avoid US ban

TikTok's Chinese owner ByteDance has signed binding agreements with US and global investors to sell the majority of its business in America, TikTok's boss told employees on Thursday.

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TikTok Signs Agreements With Investors in Step Toward Avoiding a U.S. Ban

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Tiktok signs deal to sell US business to American investors

Devdiscourse

TikTok's U.S. Takeover: Major Investors Venture to Protect User Base

ByteDance, TikTok's owner, has reached an agreement with major investors to form a joint venture for operating TikTok in the U.S., aiming to prevent a government ban. The deal involves investors like Oracle and Silver Lake,

2hon MSN

TikTok U.S. Deal to Close Next Month: Oracle and Silver Lake Confirmed in Buyer Consortium

The deal means that TikTok, the fast-growing social video platform that upended the strategies of competitors like YouTube and Meta Platforms Inc., will have a new joint venture owner in the U.S.: TikTok USDS Joint Venture LLC.

8hon MSN

TikTok deal will let it keep operating in the US but means a makeover for its secret algorithm

The new arrangement will mean changes to TikTok’s algorithm, the secret sauce that powers its addictive video feed.

Devdiscourse

ByteDance's Strategic Move: Selling TikTok's US Assets

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 investors like Oracle and Silver Lake.

What's next for TikTok in the US as deal prospects remain uncertain?

A billionaire investor keen on buying TikTok's US operations has told the BBC he has been left in limbo as the latest deadline for the app's sale looms. The US has repeatedly delayed the date by which the platform's Chinese owner, ByteDance, must sell or be blocked for American users.