ByteDance gets 19.9pc ownership, while Oracle, Silver Lake and MGX each get 15pc. Six years in legal limbo and numerous skirted bans later, TikTok owner ByteDance has finally struck a deal to create a ...

Pequeño is a breaking news reporter who covers tech and more. The U.S. and China finalized a deal Thursday that will give a group of Trump-approved investors including Oracle control of TikTok’s U.S.

(UPDATE) THE Bureau of Internal Revenue (BIR) filed on Thursday a criminal complaint for tax evasion against a flood control contractor over an alleged ghost project in Bulacan. BIR Commissioner ...

This photo released by the U.S. Department of Justice shows a desk with a drawer open and photographs, documented on July 6, 2019, during a search of Jeffrey Epstein's home in New York. (U.S.

The U.S. Department of Justice has released a new batch of court-mandated investigation documents linked to Jeffrey Epstein, triggering renewed scrutiny of President Donald Trump’s past association ...

What To Know: While the stock rallied Monday on reports that a consortium led by Oracle, Silver Lake and MGX agreed to acquire a significant stake in TikTok's U.S. operations, sentiment appears to ...

Dec. 23 (UPI) --The federal government is suing Washington, D.C., to ease its gun-ownership laws, which are the strictest in the nation. The U.S. Department of Justice filed the suit Monday in federal ...

Shares in Paramount Skydance (PSKY) and Warner Bros. Discovery (WBD) spiked Monday after Larry Ellison, the centibillionaire founder and executive chairman of Oracle (ORCL), agreed to personally ...

TikTok has struck a deal with American investors, including Oracle and Silver Lake, to form a new US entity, averting a federal ban. This move ensures the app's operation for 170 million users by ...

TikTok owner ByteDance has agreed a deal to hand control of the video-sharing platform’s US operations to a group of investors, and avoid a ban. The Chinese company has signed a legally binding ...

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 ...

TikTok has reached a deal to cede a substantial portion of its U.S. operation to a group of American investors, thus ending a years-long tussle in which the federal government has sought to force the ...