A deal made to divest ByteDance's ownership of TikTok in the US has been confirmed. It's expected to be signed in late ...

TikTok CEO Shou Chew told employees of the social media app Thursday that its owner, China’s ByteDance, has signed binding ...

TikTok has signed the deal backed by President Donald Trump to spin off its US assets to create a new entity with a group of mostly American investors, CEO Shou Chew told employees in a memo Thursday.

TikTok CEO Shou Chew says the long-awaited creation of a joint venture to oversee the U.S. part of the China-based video ...

TikTok's China-based parent company ByteDance must sever ties with TikTok or lose access to U.S. app stores and web-hosting ...

TikTok’s long-delayed plan to separate from Chinese parent ByteDance Ltd. was put in motion Thursday when the video sharing sensation said it’s being bought by a group of buyers led by Oracle Corp.

ByteDance and TikTok have signed "binding agreements" with three managing investors: Oracle Corporation, Silver Lake and Abu ...

TikTok has inked an agreement to sell off its American business to a group of investors in a deal that could ensure the short-form video app can continue operating in the U.S. This is according to an ...

The agreement aims to resolve a yearslong standoff between the popular social media platform and the U.S. government over national security concerns tied to China's parent company, ByteDance.