ByteDance Sells TikTok US Ops, Oracle & Others Join
Update: 2025-12-19
Description
ByteDance, TikToks Chinese parent company, is selling a majority of its U.S. operations to American and global investors, including Oracle, Silver Lake, and MGX, to avoid a U.S. government ban. The new joint venture, TikTok USDS Joint Venture LLC, aims to address national security concerns and will finalize around January 22nd.
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