LeadStory

Who is buying TikTok?

Asked 2 hours ago

Answer

A consortium led by Oracle, Silver Lake, and Andreessen Horowitz is set to acquire about 80% of TikTok, with Chinese interests retaining around 20%. The deal aims to address U.S. national security concerns and awaits final confirmation.

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Reuters

Trump says U.S. has a buyer for TikTok

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  • President Trump announced a deal to transfer TikTok's U.S. assets to American ownership. 7s
  • The agreement follows months of negotiations between the U.S. and China amid broader trade tensions. 29s
  • Oracle is reported to remain TikTok's cloud provider, addressing national security concerns. 49s
  • The deal may require congressional approval due to a law mandating ByteDance to sell TikTok or face a ban. 1m 19s
  • TikTok has 170 million U.S. users, and both Trump and the White House have official accounts on the platform. 1m 36s
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References

Trump says U.S. has a buyer for TikTok
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Reuters
3 hours ago
Trump says U.S. has a buyer for TikTok

A group of very big companies wants to buy TikTok, with Oracle expected to remain as TikTok's cloud provider.

Report: Consortium to control 80% TikTok stake
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CNBC
17 hours ago
Report: Consortium to control 80% TikTok stake

A consortium consisting of Oracle, Silver Lake, and Andreessen Horowitz will take control of TikTok, with U.S. investors holding about 80% and Chinese interests about 20%.

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