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Under the forthcoming deal, the U.S. version of the app would fall under the purview of a group of U.S. investors that would own 80% of a newly-formed company. Chinese shareholders would own the rest.
TikTok’s U.S. business would be controlled by an investor consortium including Oracle, Silver Lake and Andreessen Horowitz ...
Oracle likely will remain the cloud computing provider for TikTok, the social media app run by China-based ByteDance, in a ...
“The Chinese government will, according to law, examine and approve relevant matters involving TikTok, such as the export of ...
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