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 has signed the deal backed by President Donald Trump to spin off its US assets to create a new entity with a group of mostly American investors, CEO Shou Chew told employees in a memo Thursday.

Add Yahoo as a preferred source to see more of our stories on Google. TikTok CEO Shou Zi Chew arrives for the Inauguration of Donald J. Trump (Kevin Lamarque - Pool/Getty Images) TikTok came one step ...

TikTok moved to end a yearslong political and legal battle on Thursday as CEO Shou Chew told staff the company signed agreements to form a new U.S. joint venture with American-led investors, with the ...

TikTok has signed a deal to form a new U.S. joint venture controlled by mostly American investors that include Oracle Corporation, Silver Lake and MGX, according to an internal memo sent by TikTok CEO ...

TikTok said Thursday it has signed a joint venture deal with investors that would allow the company to maintain operations in the United States and avoid a ban over its Chinese ownership. The move ...

After years of false starts, TikTok announced a deal to sell its U.S. assets to a group of mostly American investors under a new venture. The move isn’t yet finalized, but it means the app would ...

TikTok’s long-delayed plan to separate from Chinese parent ByteDance Ltd. was put in motion Thursday when the video-sharing sensation said it’s being bought by a group of buyers led by Oracle Corp.