Oracle, Silver Lake Consortium to Control 80% Stake in TikTok in US
Reuters: “TikTok’s U.S. operations would be controlled by an investor consortium including Oracle, Silver Lake and Andreessen Horowitz, under a framework the U.S. and China are finalizing, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. A new company will be created to operate TikTok, with U.S. investors holding a roughly …