Episode Details
Back to EpisodesTikTok's US Ops Spin-off: New American-Owned Venture
Published 1 month ago
Description
ByteDance finalizes TikTok US spin-off, forming new majority American-owned joint venture. CEO Adam Presser and Chief Security Officer Will Farrell lead the venture. Major investors include Oracle, Silver Lake, and MGX, each taking 15% ownership. President Trump praises the deal, crediting TikTok for boosting his youth vote and thanking Chinas President Xi. The group promises robust safeguards for US users. Checkout Solipillow.com