Topic: bytedance stake
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Congress Questions if TikTok Deal Follows Its Own Law
TikTok's new U.S. data security joint venture, majority-owned by Oracle and investment firms, has sparked bipartisan congressional concern over insufficient details and potential ongoing Chinese influence. Lawmakers question whether the licensing agreement for TikTok's core algorithm truly severs...
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Oracle, Silver Lake Lead TikTok U.S. Deal Closing Next Month
A consortium of American-led investors will assume control of TikTok's U.S. operations by January 2026, creating a new joint venture called TikTok USDS Joint Venture LLC. The ownership structure gives a 45% stake to managing investors Oracle, Silver Lake, and MGX, with ByteDance retaining 19.9%, ...
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Trump: US to Receive 'Tremendous Fee' for TikTok's China Exit
The Trump administration is negotiating a deal for TikTok's US operations to be sold to American investors, with a substantial fee paid to the government to address national security concerns. US-based entities like Silver Lake and Oracle would acquire a majority stake, while ByteDance retains a ...
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