TikTok signs deal to create a U.S. joint venture with Oracle, Silver Lake, and MGX. ByteDance retains partial ownership; U.S. data protection ensured.
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United States and China Finalize TikTok Agreement, Awaiting Signing by Leaders
by Jake HarperThe U.S. and China finalized the TikTok deal. Treasury Secretary Scott Bessent confirmed Trump and Xi Jinping will sign the agreement on October 30 in Korea.