Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag TikTok agrees to sell U.S. operations to American investors to address security concerns, with Oracle managing data and oversight.

flag TikTok has agreed to sell its U.S. operations to a consortium of American investors, including Oracle and Silver Lake, to address national security concerns. flag The deal, pending CFIUS and other regulatory approvals, would transfer control of TikTok’s U.S. user data to American entities, with Oracle expected to manage cloud infrastructure. flag The transaction aims to reduce ties to ByteDance, TikTok’s Chinese parent company, and allow continued operation in the U.S. under new oversight. flag Final terms and timing remain subject to regulatory review.

166 Articles