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

TikTok is nearly to the finish line to become legal in the U.S. ByteDance and TikTok have signed “binding agreements” with three managing investors: Oracle Corporation, Silver Lake and Abu Dhabi-based MGX, to form a new TikTok U.S. joint venture named TikTok USDS Joint Venture LLC, according to a memo to TikTok staff by CEO […]