A consortium of American firms includingOracle, Silver Lake, and Andreessen Horowitz is moving to acquire TikTok’s USoperations, the Wall Street Journal reported on Tuesday.
The development coincided with US PresidentDonald Trump signing an order extending the deadline for ByteDance to divestTikTok’s US assets until December 16, granting the Chinese parent company 90additional days to complete the deal.
Read more: TikTok in Iraq: A battle between entertainment, ethics, and enforcement.
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