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HomeGeneral NewsBytedance hands over US Tiktok to American business giants

Bytedance hands over US Tiktok to American business giants

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Bytedance will sell the majority of Tiktok’s American operations to a conglomerate of companies including US investment firm Silver Lake, Larry Ellison’s Oracle, and AI investor MGX, according to an internal memo from the company’s CEO.

According to Tiktok CEO Shou Chew, a new…



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