TikTok’s top executive announced to employees that ByteDance, the social-media juggernaut’s parent company, has signed deals to create a U.S. joint venture majority-owned by U.S. companies, Bloomberg ...

TikTok’s long-delayed plan to separate from Chinese parent ByteDance Ltd. was put in motion Thursday when the video sharing sensation said it’s being bought by a group of buyers led by Oracle Corp.

It comes after Congress passed a law last year banning TikTok in the U.S. TikTok has signed a deal to form a new U.S. joint venture controlled by mostly American investors that include Oracle ...

TikTok reportedly has signed a much-anticipated deal to spin off its U.S. operations to an investor group that includes software giant OracleORCL. Oracle stock jumped in early trading on Friday. The ...