Oracle and other investors have a deal with TikTok parent ByteDance to own the video app's U.S. operations. But we don't know ...
The algorithm is considered the main engine behind TikTok's global popularity. But what is so special about it? A recent Reuters report breaks down a few key findings.
Stocks Close Higher as AI, Drugmakers and TikTok JV Lift Markets U.S. stocks ended the week on a strong note, helped by gains ...
TikTok has finalized a deal with new US owners including Oracle, MGX, and Silver Lake. However, these investors will not have significant control over key business areas, according to an internal memo ...
Canadians will continue to use the international version of the app that's owned and influenced by Chinese owner ByteDance ...
On one hand, ByteDance, TikTok's Chinese parent company, has finally agreed to a long-awaited deal, Reuters reported. The ...
The algorithm is deemed core to TikTok's global success, and until a few months ago, ByteDance's position was that it would rather shut down the app in the US than sell it ...
Oracle, Silver Lake, and Abu Dhabi’s state-owned investment firm MGX each plan to take a 15% stake. ByteDance will retain ...
TikTok has signed agreements with three major investors -- Oracle, Silver Lake and MGX -- to form a new TikTok U.S. joint ...
While no Israeli company or state-linked entity is formally involved in the ownership structure of the new TikTok US venture, ...
Stocks gained ground on Wall Street Friday for a second straight day, wiping away losses from earlier in the week.
After much uncertainty over whether the popular app TikTok would remain in the United States, the company has signed a deal to sell its U.S. operations to a group of American investors.