The agreement was negotiated to comply with a 2024 law requiring the company to make a deal to address U.S. national-security ...
The JV is called TikTok USDS Joint Venture LLC and has published an announcement that reveals it has three “managing investors,” namely software giant Oracle, private equity firm Silver Lake, and ...
TikTok announced Thursday that its China-based parent company, ByteDance, has sold its majority stake in the U.S. business rights of its social media platform to a group of non-Chinese investors.
TikTok is controlled by a Chinese parent company, ByteDance, and the wildly popular video-sharing platform faced a U.S. ban ...
Trump first tried to ban TikTok in 2020 following concerns about China’s collection of the personal data of US citizens. ByteDance, which operates TikTok alongside its Chinese sister app Douyin, has ...
Axios on MSN
TikTok finalizes deal spinning off US operations
TikTok on Thursday closed a deal to divest its U.S. entity to a joint venture controlled by American investors, the day ...
The joint venture acquiring TikTok’s US assets has been formally established and has announced its leadership team, according to the company, one day before ...
If you have $10,000 in available cash that isn't needed to bolster an emergency fund or pay down short-term debt, you might ...
Recently, Snapchat settled a social media addiction lawsuit in Los Angeles, California. The lawsuit was instituted by a ...
X plans to launch crypto Starterpacks, offering curated Bitcoin and altcoin accounts to help new users discover trusted ...
X is rolling out its own version of Bluesky’s popular “Starter Packs,” becoming the latest social platform to adopt curated follow lists as a way to improve ...
Elon Musk’s social media platform X is launching its own version of the Bluesky-inspired Starterpacks, which would suggest influential voices from several ...
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