TikTok Reaches Deal With US Investors
Digest more
Trump hailed what he called progress with Chinese President Xi Jinping after a phone call on Friday, where the two discussed selling blockbuster app TikTok.
Android Central on MSN
TikTok is being sold to US investors: Here's what it means for Android users
TikTok signed a deal that would sell part of the company to U.S. investors, and it could mean sweeping changes for users.
(THE CONVERSATION) Chinese tech giant ByteDance has signed an agreement to sell a majority stake in its video platform TikTok to a group of U.S. investors. President Donald Trump announced a preliminary agreement for the sale on Sept. 19, 2025, following his negotiation with Chinese leader Xi Jinping.
President Donald Trump said at the conclusion of a call with China’s leader Xi Jinping Friday morning that they had made progress to finalize a deal that would sell most of TikTok’s U.S. assets to American investors. The deal would conclude a yearslong ...
Under the deal, the new TikTok US company will be owned 50% by a group led by Oracle, private equity firm Silver Lake, and Abu Dhabi-backed investment firm MGX. Just over 30% will belong to existing ByteDance investors, while ByteDance itself will keep a 19.9% stake.
The inaugural TikTok Awards will be livestreamed on TikTok and Tubi at 6 p.m. PT on Thursday, Dec. 18. Viewers should RSVP for the livestream on the TikTok website.