ByteDance strikes a deal with a group of non-Chinese investors to create a new TikTok US entity and avoid a federal ban, concluding a six-year legal saga
Here's all you need to knowAnkita Chakravarti /Moneycontrol:TikTok avoids US ban after sealing last-minute dealJoy Chakravarty /Arabian Business:Abu Dhabi's MGX buys 15% stake to keep TikTok alive in ...
Memo: the TikTok US deal is set to close on Jan. 22; terms include retraining the recommendation algorithm on US user data and Oracle overseeing data protection
Revamped ‘TikTok USA’ Expected Next Month Wesley Hilliard / AppleInsider : US investors to close deal on 50% ownership of TikTok January 22 Sports Business Journal : TikTok sale becomes official, with...
Sources: Oracle, Silver Lake, and Abu Dhabi's MGX will be the main TikTok USA investors, with a ~45% stake; ByteDance will own 19.9% and ByteDance investors 35%
We may never know if the administration-brokered TikTok sale complies with the law … New York Times : Trump Clears Way for American-Owned TikTok Valued at $14 Billion Financial Times : TikTok US to be...
President Trump's World Liberty Financial says Abu Dhabi's MGX fund is investing $2B in Binance using World Liberty's USD1 stablecoin, raising ethical concerns
A deal for a state-backed Emirati firm to use a Trump-affiliated digital coin was announced in a panel that included the president's son …