An internal memo says its algorithm will be retrained on US user data after the deal closes in January.
TikTok has signed a deal to sell its U.S. business to three American investors — Oracle, Silver Lake and MGX — ensuring the ...
TikTok has signed a joint venture agreement with major investors to keep its platform running in the United States and avoid ...
TikTok in the United States is about to see significant change as a new US-based algorithm is introduced in the name of ...
The deal, set to close on Jan. 22, will end years of efforts to force the app's Chinese parent company ByteDance to divest ...
TikTok has agreed to form a new U.S.-based joint venture with investors including Oracle and Silver Lake, reducing ...
TikTok’s chief executive told employees today that the company has signed agreements that will ensure it can continue ...
Oracle, Silver Lake and Abu Dhabi-based MGX will collectively own 45% of the US entity, nearly one-third of the company will be held by affiliates of existing ByteDance investors, and nearly 20% will ...
TikTok has signed a deal to form a new U.S. joint venture controlled by mostly American investors that include Oracle Corporation, Silver Lake and MGX, according to an internal memo sent by TikTok CEO ...