TikTok finalizes historic deal creating majority American-owned joint venture structure, aiming to avert potential U.S. ban affecting 200 million users nationwide.

TikTok is moving to spin off its U.S. operations into a separate entity controlled by a group of primarily American investors backed by President Donald Trump, the company announced Thursday. The ...

TikTok has agreed to sell its U.S. operations to a group of American investors including Oracle, Silver Lake, and Abu Dhabi-based MGX in a deal backed by President Donald Trump that will allow ...

Add Yahoo as a preferred source to see more of our stories on Google. Social media giant TikTok struck an agreement to put its U.S. operations under the majority control of U.S. investors, according ...

TikTok inked a deal to sell its U.S. entity to a joint venture group with several American investors on Thursday, CEO Shou Zi Chew said in an internal company memo. The deal follows months of ...

A deal to spin off TikTok's US business may finally be nearing the finish line. (Photo Illustration by Jakub Porzycki/NurPhoto via Getty Images) (NurPhoto via Getty Images) Remember back in ...