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fromABC7 Los Angeles
6 hours ago

TikTok signs deal to sell US unit to American investors

SAN FRANCISCO -- TikTok has signed a deal to sell its U.S. business to three American investors - Oracle, Silver Lake and MGX - ensuring the popular social video platform can continue operating in the United States. The deal is expected to close on Jan. 22, according to an internal memo seen by The Associated Press.
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US politics
fromSocial Media Today
3 days ago

US TikTok Deal Remains in Limbo as Deadline Nears Once Again

TikTok's U.S. operations will transfer to a U.S.-based, majority American-controlled joint venture with ByteDance owning under 20%; DOJ enforcement paused for 120 days.
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