TikTok's New Joint Venture: American Investors Take Control
Update: 2025-12-19
Description
ByteDance, TikToks parent company, is forming a joint venture with American investors, including Oracle and Silver Lake, to address U.S. national security concerns. The deal gives investors a 45% stake, with ByteDance retaining 20%. The agreement is expected to be finalized by January 22nd, potentially securing TikToks future in the U.S.
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