ByteDance Ltd. is expected to receive a licensing fee of on all revenue generated from making its algorithm available to the ...
Tech giant Oracle will spearhead a new joint venture being cobbled together to take over the U.S. oversight of the algorithm ...
President Trump signed an executive order Thursday that would allow TikTok to keep operating in the U.S. The order enables a group of investors to buy the American operations of the app from the ...
ByteDance will be maintaining ownership of TikTok's U.S. business operations and will cede control of the app’s data, content and algorithm to the newly formed joint venture, the sources said. The new ...
The Abu Dhabi royal family will reportedly take a 15 per cent stake in TikTok’s US business under a deal brokered by American President Donald Trump. Led by UAE President Sheikh Mohamed bin Zayed Al ...
President Trump endorsed a $14 billion deal to spin off TikTok's US operations, fulfilling a 2024 divestment law. This ...
TikTok’s Chinese parent company will likely get about half of the profit from the platform’s US operation even after it sells majority ownership to American investors as part of a deal orchestrated by ...
In the UAE, Oracle has teamed up with G42 for a local Stargate data center worth tens of billions and pitched to grow to 5GW. G42, which counts Silver Lake as an investor, was cofounded by MGX and ...