TikTok has finalized a binding agreement with American and global investors, ensuring the popular video app continues operating in the United States and ending a prolonged period of regulatory uncertainty. The deal, set to close on January 22, creates a new joint venture that redistributes ownership of TikTok’s US operations.
TikTok Averts US Ban Through Landmark Ownership Deal with Oracle and Global Investors
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Oracle, TikTokDeal, TikTokUS
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