The plan entails spinning off a U.S. entity for TikTok and diluting Chinese ownership in the new business to below the 20% threshold required by U.S. law.
General Atlantic, Susquehanna, KKR and Coatue discuss acquiring more stakes in viral app’s US operations alongside Oracle ...
Several current US-based investors in TikTok’s Chinese parent ByteDance looking to join Larry Ellison’s Oracle in a potential deal to soothe national security concerns, according to a report ...
President Trump is trying to prevent TikTok's nationwide ban in the US by advocating for its sale to an American company. His ...
The largest U.S. investors in TikTok owner ByteDance are looking into a deal alongside Oracle (ORCL) focused on assuring ...
Jeff Yass' Susquehanna International Group and Bill Ford's General Atlantic, both of which are represented on ByteDance's board, are leading discussions with the White House on the plan ...
Under the plan, existing backers of ByteDance including General Atlantic, Susquehanna, KKR and Coatue will seek to acquire additional stakes in a spun-off TikTok US business, according to multiple ...
NEW YORK, March 21 (Reuters) - White House-led talks on the future of TikTok are coalescing around a plan for the biggest non-Chinese investors in parent company ByteDance to up their stakes and ...