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Oracle stock jumps 7% as cloud provider joins investor group to run TikTok's U.S. business
The new joint venture will prevent TikTok from shutting down in the U.S. due to national security concerns.
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cnbc.com
TikTok signs agreement to create new U.S. joint venture, memo says
TikTok's U.S. operations will be housed in a new joint venture, according to a memo sent to employees by CEO Shou Zi Chew.
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huffpost.com
TikTok Inks Deal To Sell U.S. Unit To American Investors
The move ensures the popular social video platform can continue operating in the United States.
