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President Donald Trump revealed that a deal regarding the future of TikTok in the United States is close to completion.
But the source familiar with the discussions told CNN that new and existing U.S. TikTok investors, ByteDance and the Trump administration had all agreed to the deal. Oracle and Susquehanna did not ...
Even with the TikTok divest-or-ban law officially in effect since January, the app has only shut down service in the US for ...
With a September deadline looming, a new report says TikTok is building a replacement app for its 170 million American users as part of a sale to an Oracle led group.
If Larry Ellison and Oracle — already a TikTok tech partner — become the owner of the new U.S. outfit, as Trump has repeatedly suggested, then it could pave the way for an emergent media dynasty.
A consortium of companies, including Oracle, Blackstone, and a16z (Andreessen Horowitz), is back in the running to acquire TikTok. As reported by Bloomberg and citing a person familiar with the matter ...
US Secretary of Commerce Howard Lutnick said TikTok’s US operations must transition from Chinese to American ownership.
The TikTok saga is in many ways a microcosm of our erratic and unprincipled approach to the varied challenges presented by Chinese technology. We awaken to risks of a particular technology only after ...
Corporate America has long prided itself on sophisticated risk management and legal compliance. The TikTok episode suggests ...
Asset manager Blackstone rescinded its bid to take a stake in TikTok’s US-based business. The company had aligned itself with ...
TikTok's owner has chosen Oracle over Microsoft as its preferred suitor to buy the popular video-sharing app, according to a source familiar with the deal. The choice came a week before President ...