Joint Venture
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Dow Jones Today: Stock Indexes Jump as Tech Shares Surge for 2nd Straight Day
Investopedia· 2025-12-19 17:00
Carnival Corporation - Carnival Corporation reported adjusted earnings of $0.34 per share, exceeding analysts' expectations of $0.25 per share, with a record revenue of $6.33 billion, slightly below estimates [2] - For fiscal 2026, Carnival anticipates adjusted net income of $3.5 billion, surpassing the record levels of 2025 and the Visible Alpha consensus of $3.37 billion [2] - The company's board reinstated a quarterly dividend of $0.15 per share, reflecting confidence in future performance and commitment to shareholder value [3] Market Reaction - Following the positive quarterly results and optimistic guidance for fiscal 2026, shares of Carnival surged by 8% [1] - Shares of competitors Norwegian Cruise Line Holdings and Royal Caribbean Cruises also saw increases of 4.5% and 2.5%, respectively [3]
Former TikTok CEO Kevin Mayer on new U.S. joint venture: I think it's a good deal
CNBC Television· 2025-12-19 14:32
Tik Tok CEO telling employees that its parent company Bite Dance has reached an agreement to create a new US joint venture that will hold the US version of the app and that will be majority owned by US investors. Kevin Meyer Meyer is the founder and co-found co-CEO of Candle Media. He's also the former CEO of Tik Tok and the former COO of Bite Dance.And CNBC's Beijing bureau chief Ununis Yun is here as well. She joins us here at the NASDAQ this morning as well. So folks, let's run through this.Um, first of ...
X @Forbes
Forbes· 2025-12-19 13:54
TikTok has reached an agreement with American investors to form a new joint venture for its U.S. entity, bringing an end to a lengthy bidding war for the popular and controversial social media app. https://t.co/Gem9F9d68X (Photo: Matt Cardy via Getty Images) https://t.co/uZh5DkxRA2 ...
TikTok owner signs deal to create U.S. joint venture
NBC News· 2025-12-19 02:09
Now to that major breaking news about Tik Tok. The company's CEO telling employees the app's parent company Bite Dance has signed binding agreements to create a joint venture majority owned by American investors. NBC Savannah Sellers joins us now with more to explain this.Savannah, could this signal the end to that I guess it's been yearslong fight about the ownership of Tik Tok in America. What do we know about the investors here in the US. >> It really could Tom and that's a big deal because we've had so ...
TikTok owner signs deal to create U.S. joint venture
NBC News· 2025-12-19 01:17
We are learning that Tik Tok has signed a joint deal, a joint venture deal to give half of its US assets to a team of American investors. And that puts an end to a year's long legal saga over one of the most popular apps in the world. That according to an internal memo by the Tik Tok CEO.We're going to go right now to NBC's Brian Chong. Brian, I'm told uh that rather I'm old enough and I'm told that I'm old enough to remember when Tik Tok was at risk of going dark in the US. So, uh, more about what we know ...
X @Bloomberg
Bloomberg· 2025-12-19 00:26
TikTok's parent signs binding agreements to create a US joint venture majority-owned by American investors. https://t.co/sBSht9Ib2v📷: Gabby Jones/Bloomberg https://t.co/zOILlHUbJw ...
TikTok says it signed agreements for new US joint venture #shorts #tiktok #politics
Bloomberg Television· 2025-12-18 23:38
Breaking news this evening. A major development regarding Tik Tok. Yeah.The company telling employees in a memo today. The social media app's parent company Bite Dance has signed a series of binding agreements to create a US joint venture that will be majority owned by American investors. Tik Tok CEO telling employees, quote, "Tik Tok Global's US entities will manage global product interoperability and certain commercial activities including e-commerce, advertising, and marketing." Chef, what does this mean ...
Oracle's stock is rising. Why TikTok's U.S. deal could be good news for the tech company.
MarketWatch· 2025-12-18 23:28
Group 1 - TikTok has reportedly signed deals to establish a U.S. joint venture [1] - The joint venture will utilize Oracle's cloud business as its backbone [1]
TikTok signs deal for sale of its U.S. unit to joint venture
Youtube· 2025-12-18 22:54
Core Insights - TikTok has finalized agreements with investors for a new US joint venture, with a closing date set for January 22, 2026, as per a memo from CEO Shou [1] - The joint venture will be structured with 50% ownership by a consortium of new investors, including Oracle, Silverlake, and MGX, each holding 15%, while 30.1% will be held by affiliates of existing investors, and 19.9% will be retained by ByteDance [2][3] Ownership Structure - The joint venture's ownership will consist of 50% held by new investors, with Oracle being the largest holder among them [3] - The remaining 50% will include 30.1% from existing investors and 19.9% retained by ByteDance, which is crucial for meeting the requirement of US ownership exceeding 50% and reducing ByteDance's stake below 20% [2][3] Operational Focus - The US joint venture will be responsible for overseeing data protection, algorithm security, content moderation, and software assurance [2]
TikTok signs deal for sale of its U.S. unit to joint venture
CNBC Television· 2025-12-18 22:54
confirmed with sources close the situation that Tik Tok has signed the agreements with its investors regarding a new Tik Tok US joint venture. We've obtained a memo sent from Shou, the CEO of Tik Tok to employees with an update in the US business in which he confirms the closing date of January 22nd, 2026. This is the date from um that Trump had set as the the final deadline.He notes that they have signed the agreement and he notes that the US joint venture will be half held 50% held by a consortium of new ...