Economy

TikTok signs deal to form new US unit with investors, including Oracle, Silver Lake

Pinterest LinkedIn Tumblr

SAN FRANCISCO (AP) — TikTok has signed agreements with three major investors — Oracle, Silver Lake and MGX — to form a new TikTok U.S. joint venture, ensuring the popular social video platform can continue operating in the United States. The deal is expected to close on Jan. 22, according to an internal memo seen […]