Under the deal, the new TikTok US company will be owned 50% by a group led by Oracle, private equity firm Silver Lake, and Abu Dhabi-backed investment firm MGX. Just over 30% will belong to existing ByteDance investors, while ByteDance itself will keep a 19.9% stake.

The singer debuted her hit single in 2010, years before the social media platform launched Kimberlee Speakman is a digital writer at PEOPLE. She has been working at PEOPLE since 2022. She has also published stories in Forbes and worked in broadcast ...

DETROIT – Listeners of New Country 93.1 know him as Josh ‘Bru’ Brubaker, but 2.9 million followers worldwide know him as the ‘CEO of Radio Tik Tok.’ What began as a semi-sarcastic quarantine goal is now a surprising reality for Brubaker as one of ...

The pop star unveiled the lyric change earlier this year, following allegations against Diddy for sex trafficking and other crimes. By Zoe G. Phillips Kesha announced she will re-record her hit song “TiK ToK,” changing the “like P. Diddy” line to ...

The pop star used a Spotify plaque commemorating 1 billion streams of the 2009 single to hold the whiskey as she brushed her teeth for a TikTok video Jack Irvin has over five years of experience working in digital journalism, and he’s worked at PEOPLE ...

Social media and the apparent wealth that “influencers” can generate might have having a significant impact on healthcare in Swindon.

The video, which was posted to Tik Tok, showed Lespron played the drums along with his students. The students are were shown having fun, with some dancing, and others trying to match his drumming speed. So all in all, it's just a heartwarming video to see.

A deal made to divest ByteDance's ownership of TikTok in the US has been confirmed. It's expected to be signed in late January.