Last updated on December 8th, 2022 at 02:27 pm
TikTok will become a separate company in the USA, partly owned by Oracle
According to the Financial Times, Oracle Corporation intends to acquire a stake in TikTok as part of a recently announced deal. It is assumed that the new agreement will not separate the US segment of TikTok from the platform at the regional level, but will create a separate legal entity that will own the application in the region and a minority stake in which will be owned by Oracle.
Don’t forget to leave us a comment below and let us know what you think!
Share Our Website for Technology News , Health News , Latest Smartphones , Mobiles , Games , LifeStyle , USA News & Much more...