A deal to spin off TikTok's US business may finally be nearing the finish line. (Photo Illustration by Jakub Porzycki/NurPhoto via Getty Images) (NurPhoto via Getty Images) Remember back in September ...

Richard Escobedo covers economic policy at CBS News and is a coordinating producer at Face the Nation with Margaret Brennan. He joined CBS in 2018 and is a graduate of Texas Christian University in ...

After a year of stalled negotiations, TikTok owner ByteDance has reportedly agreed to Donald Trump’s deal giving US owners majority ownership of the app. By signing the agreements, ByteDance has ended ...

TikTok Shop has rolled out a new feature that allows users to purchase digital gift cards, making it easier to help friends and family buy from the millions of products on the app. The feature was ...

TikTok has agreed to sell its U.S. business to a group of American investors, including Oracle, Silver Lake and MGX, a move that would allow the popular social video app to continue operating in the ...

A year has, arguably, never been more consequential for TikTok than 2025. It both began and ended with the social media platform facing an uncertain future in the United States as a potential ban ...

TikTok has agreed to sell its U.S. operations to an investment group that includes Oracle, Silver Lake, and UAE-based company MGX, reports Axios. The "TikTok USDS Joint Venture LLC" that includes the ...

It comes after Congress passed a law last year banning TikTok in the U.S. TikTok has signed a deal to form a new U.S. joint venture controlled by mostly American investors that include Oracle ...

Mr. Secreto and Mr. Freedman worked in the Treasury and Justice Departments during the Biden administration. TikTok took a major step toward avoiding a U.S. ban last week. Its chief executive, Shou Zi ...

Abu Dhabi's state investment fund will also be a managing investor. By Alex Weprin Senior Editor The TikTok sale is officially happening, with a consortium of American investors set to take over U.S.

TikTok moved to end a yearslong political and legal battle on Thursday as CEO Shou Chew told staff the company signed agreements to form a new U.S. joint venture with American-led investors, with the ...