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TikTok signs deal to sell US unit to American investor-led venture

reuters.com

21 points by pseudolus 11 days ago · 3 comments

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ares623 11 days ago

The U.S. joint venture will be 50% held by a consortium of new investors, including Oracle, Silver Lake and MGX with 15% each; 30.1% held by affiliates of certain existing investors of ByteDance; and 19.9% will be retained by ByteDance

Feels a lot like friends helping each other to pieces of a pie.

Canada 10 days ago

What's even more messed up is the reason why this is happening. Israel needs to take over TikTok so that it can propagandize young Americans for its own selfish ends.

And they feel so secure in doing things like this they talk about it openly: https://www.youtube.com/shorts/EteAsbtWFUE

hexage1814 11 days ago

The power of free market: You are free to sell yourself or get shut down.

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