TikTok’s Chinese owner ByteDance inks deal to sell US operations to American investors, including Oracle
Thursday, December 18th 2025, 11:46:10 pm
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TikTok's Chinese owner, ByteDance, signed binding agreements with three major investors to sell just over 80% of the company's US assets to American and global investors to avoid a US government ban, TikTok CEO Shou Zi Chew told employees on Thursday.
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