TikTok signs deal to sell US assets to American investors ...Middle East

Technology by : (The Hill) -
TikTok on Thursday signed a deal to sell U.S. assets to three U.S. investors: Oracle, Silver Lake and MGX. Nearly 50 percent of the assets — or 15 percent each — will be held by the three American companies. The rest will remain in the hands of affiliates of existing investors of TikTok’s parent company,...

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