Under the deal, the new TikTok US company will be owned 50% by a group led by Oracle, private equity firm Silver Lake, and ...
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 ...
TikTok’s recommendation system is under scrutiny after ByteDance agreed to a US-focused joint venture to avoid a ban.
TikTok parent company ByteDance has signed a deal to spin off its US business that will be majority-owned by American ...
A new U.S.-based joint venture would keep TikTok online while handing oversight of its algorithm and data security to some of ...
The future of TikTok's U.S. operations is uncertain after ByteDance, the app's owner, signed agreements to form a joint ...
TikTok's China-based parent company ByteDance must sever ties with TikTok or lose access to U.S. app stores and web-hosting ...
TikTok took a major step toward avoiding a U.S. ban last week. Its chief executive, Shou Zi Chew, announced that the company ...
Under the arrangement, 50% of the new TikTok US venture will be owned by a group of investors, including Oracle, Silver Lake ...
The agreement aims to resolve a yearslong standoff between the popular social media platform and the U.S. government over national security concerns tied to China's parent company, ByteDance.
Going forward, nearly half of the new entity, TikTok USDS Joint Venture LLC, will be controlled by investors including Oracle ...
But TikTok showed that an algorithm, driven by the understanding of a user's interest, could be more powerful. Rather than building its algorithm on "social graph" like Meta has, TikTok executives ...
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