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China, US sign off on TikTok US spinoff
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China, US sign off on TikTok US spinoff

1 min read

The deal caps a yearslong battle between the social media app and the two superpowers.

The US and China have signed off on a deal to sell TikTok’s US business to a consortium of mostly US investors led by Oracle and Silver Lake, capping off a yearslong battle between the social media app and the two superpowers. The deal — outlined by ... [1990 chars]

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Source: Semafor

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