Deal for TikTok creates U.S. joint venture, and government won't have a stake

Business

Deal For Tiktok Creates U.s. Joint Venture, And Government Won't Have A Stake

By NPR

A new U.S.-based joint venture with investors that include Oracle and the private equity firm Silverlake will take control of the popular short video app TikTok, in a proposed deal that a senior White House official said was a compromise that met bot ...Read more