The remainder of the TikTok US team — in ecommerce, advertising and marketing — will remain under ByteDance. In early January, Chew set up a Delaware limited liability company called TT Commerce & ...

The deal for a consortium of U.S. investors to acquire control of the American assets of the video platform closed Thursday.

TikTok announced it has completed a restructuring in which its data security arm is being sold into a joint venture, owned by a group of investors including Oracle, MGX and Silver Lake, to bring the ...

Technology   The Big Story TikTok saga comes to a close TikTok said Thursday that it has established a new U.S. venture as part of an agreement to allow the popular social ...

ByteDance has transferred part of TikTok's U.S. operations to a majority-American consortium, including Oracle, Silver Lake, ...

TEMPO.CO, Jakarta - TikTok has set up a majority American-owned joint venture to secure its U.S. operations, averting a ban ...

ByteDance retains a 19.9 per cent stake in the joint venture - keeping its ownership below the 20 per cent threshold stipulated by the law.

TikTok finalizes U.S. joint venture with Oracle and Silver Lake. New CEO Adam Presser leads American operations as ByteDance retains 19.9% stake.

Under the arrangement, non-Chinese investors will own about 80% of the American venture. ByteDance will keep 19.9% of it. The ...

TikTok announced Thursday it has established a majority American-owned joint venture to operate its US business, allowing the ...