Sources: ByteDance plans to place TikTok’s global business in a standalone US-based company, likely with Oracle, Walmart, and others as minority shareholders (Financial Times) –

Financial Times:
Sources: ByteDance plans to place TikTok’s global business in a standalone US-based company, likely with Oracle, Walmart, and others as minority shareholders  —  Agreement put before US means ByteDance retains majority shareholding, with Oracle holding minority stake

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