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TikTok signs deal for U.S. unit

TikTok owner ByteDance signs binding deal to create new US joint venture

TikTok CEO Shou Chew told employees that owner ByteDance had signed binding agreements to create a new joint venture for the app in the United States.

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China's ByteDance signs deal to form joint venture in step to avoid US TikTok ban

· 9h · on MSN

ByteDance and U.S. investors form TikTok ownership venture

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TikTok Signs Deal To Avoid US Ban

TikTok has inked an agreement to sell off its American business to a group of investors in a deal that could ensure the short-form video app can continue operating in the U.S.

· 11h

TikTok signs deal to sell US unit to American investors, including Oracle, Silver Lake

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TikTok to sell US entity to American investors

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TikTok reaches a deal with investors on its US business

The deal comes more than a year after Congress passed a law that forced its owner ByteDance to divest its US operations or face a ban.

PCMag Australia

TikTok Deal Is Happening, Plans to Retrain US Algorithm Confirmed

A deal made to divest ByteDance's ownership of TikTok in the US has been confirmed. It's expected to be signed in late January.

TikTok Strikes Deal to Offload US Operations

Oracle, Silver Lake, and MGX each secured 15% stakes in the newly formed JV, while ByteDance retains 19.9% ownership of what was once their crown jewel.

ByteDance dominates China’s tech hiring as AI talent demand surges

ByteDance tops rivals Meituan and Alibaba in recruitments this year, according to professional social networking platform Maimai.