On Tuesday, Oracle told Reuters in an email statement that a temporary power outage at one of its U.S. data centers disrupted TikTok's services. This led to performance issues for American users over ...

TikTok has finalized a deal to create a new American entity, avoiding the looming threat of a ban in the United States that has been in discussion for years. The social video platform company signed ...

TikTok has created a new majority American-owned TikTok USDS Joint Venture LLC to keep its U.S. operations alive under strict national security safeguards The joint venture locks U.S. user data and ...

Oracle's stock jumped after the cloud provider joined a group of investors slated to lead TikTok's U.S. operations. The deal prevents a shutdown of the app in the U.S. over national security concerns.

TikTok and ByteDance have signed binding agreements with Oracle, Silver Lake, and MGX to form TikTok USDS Joint Venture LLC, with the deal set to finalize on January 22, 2026. The new structure grants ...

TikTok moved to end a yearslong political and legal battle on Thursday as CEO Shou Chew told staff the company signed agreements to form a new U.S. joint venture with American-led investors, with the ...

Add Yahoo as a preferred source to see more of our stories on Google. TikTok CEO Shou Zi Chew arrives for the Inauguration of Donald J. Trump (Kevin Lamarque - Pool/Getty Images) TikTok came one step ...

TikTok CEO Shou Chew told employees of the social media app Thursday that its owner, China’s ByteDance, has signed binding agreements to create a joint venture for the app in the United States, as ...

TikTok has signed binding agreements with a group of investors, including Oracle Corp. (NYSE: ORCL), Silver Lake and Emirati investment firm MGX, to form a new TikTok U.S. entity, reported The ...

TikTok CEO Shou Zi Chew arrives for the Inauguration of Donald J. Trump (Credit: Kevin Lamarque – Pool/Getty Images) TikTok came one step closer to finalizing its divestment deal to continue operating ...

Abu Dhabi's state investment fund will also be a managing investor. By Alex Weprin Senior Editor The TikTok sale is officially happening, with a consortium of American investors set to take over U.S.

WASHINGTON/HONG KONG, Dec 19 (Reuters) - TikTok's Chinese owner, ByteDance, on Thursday signed binding agreements to hand control of the short video app's U.S. operations to a group of investors, ...