TikTok Says It Signed Agreements for New US Joint Venture
Bloomberg Television·2025-12-22 22:23
The main point of contention was the algorithm. So clearly, you know, there is a decoupling of that versus the app. And you know, in terms of the ownership, Oracle was the most likely sort of candidate when it comes to leading this joint venture, and that turned out to be the case.So from that perspective, I do think this should be palatable to both the US and the Chinese government, although we don't know if the Chinese regulators will definitely approve it. Right. They have yet to say whether they'll do t ...