The U.S. could be about to force ByteDance, the Chinese tech giant that owns TikTok, to divest its U.S. business or effectively ban the app. But a sale looks unlikely — not least because China is ...
TikTok has signed a deal to sell its U.S. business to three American investors — Oracle, Silver Lake and MGX — ensuring the ...
Software giant Oracle (NYSE:ORCL), private equity firm Silver Lake, and Abu Dhabi-based fund manager MGX will have majority control of TikTok's U.S. business, CNBC reported Thursday, citing sources.
GUANGZHOU, China — ByteDance has acquired major mobile gaming studio Moonton, highlighting its ambitions in the video game industry and pitting it against Chinese giant Tencent. Known as the owner of ...
Japanese investment holding company SoftBank Group Corp (OTC:SFTBF) (OTC:SFTBY) reported fourth-quarter results on Tuesday. The company reported quarterly net sales of 1.94 trillion yen ($12.69 ...
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