Forbes contributors publish independent expert analyses and insights. A former tech executive covering AI, XR and The Metaverse for Forbes. Tik Tok US To Be Sold To American Oligarchs Larry Ellison ...
A memo from TikTok’s top executive reportedly says that the social-media phenomenon inked deals to create a U.S. joint venture, with Oracle’s cloud business as its backbone.
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.
Platform is now Britain’s fourth most visited social media site as users seek out human-generated content ...
In 2020, a similar arrangement between ByteDance, Oracle and Walmart fell apart after China revised its export control list.
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