Social media giant TikTok struck an agreement to put its U.S. operations under the majority control of U.S. investors, ...

American investors will take over the US version of TikTok as part of agreements signed on Thursday by the app's Chinese owner, ByteDance. The ramifications could be huge for the millions of creators ...

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

The deal means that TikTok, the fast-growing social video platform that upended the strategies of competitors like YouTube ...

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

A new ownership structure limits ByteDance’s control, addresses US security concerns, and reduces the immediate risk of ...

The deal follows months of the Trump administration attempting to reach an agreement with Chinese-based TikTok owner ByteDance.

TikTok has agreed to give control of its US operations to a new joint venture led by billionaire Larry Ellison and a tech ...

Despite the signed agreements, the deal is not complete yet. It still has to close and clear remaining regulatory steps. The ...