Oracle, Silver Lake, and MGX each secured 15% stakes in the newly formed JV, while ByteDance retains 19.9% ownership of what was once their crown jewel.
The post TikTok Strikes Deal to Offload US Operations appeared first on TechRepublic.
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Oracle, Silver Lake, and MGX each secured 15% stakes in the newly formed JV, while ByteDance retains 19.9% ownership of what was once their crown jewel.
The post TikTok Strikes Deal to Offload US Operations appeared first on TechRepublic.