Oracle, Silver Lake and MGX, will hold 15pc each of the new entity – together holding nearly half of the venture. ByteDance holds 19.9pc.

The deal comes more than a year after Congress passed a law that forced its owner ByteDance to divest its US operations or ...

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, in a big step toward ...

The delivery company posted better-than-projected quarterly results, boosted by higher U.S. package shipments. It ra ...

TikTok said Thursday it has signed a joint venture deal with investors that would allow the company to maintain operations in ...

A growing number of Chinese companies are looking to domicile in Singapore, betting a move to the trade-focused city-state ...

Oracle, Silver Lake, and MGX each secured 15% stakes in the newly formed JV, while ByteDance retains 19.9% ownership of what ...

TikTok's Chinese owner, ByteDance, on Thursday signed binding agreements to hand control of the short video app's U.S.

TikTok has inked an agreement to sell off its American business to a group of investors in a deal that could ensure the short-form video app can continue operating in the U.S. This is according to an ...

TikTok's Chinese owner ByteDance has signed binding agreements with US and global investors to sell the majority of its ...

European policymakers, global markets, and Washington delivered a flurry of closely watched developments on Friday that underscored shifting geopolitical and financial dynamics. From a major European ...

MOSCOW, December 19. /TASS/. Russian President Vladimir Putin will hold a televised question-and-answer session to sum up the results of the outgoing year. The event, headlined 'Results of the Year,' ...