TikTok U.S. Joint Venture Deal Set to Close in January With Investors Including Oracle, Silver Lake

TikTok is nearly to the finish line in the video app’s long trek to becoming legal in the U.S. ByteDance and TikTok have signed “binding agreements” with three managing investors: Oracle, private equity firm Silver Lake and Abu Dhabi’s state-owned investment firm MGX, to form a new TikTok U.S. joint venture named TikTok USDS Joint […]
Variety