{"id":42992,"date":"2025-12-19T00:27:07","date_gmt":"2025-12-19T00:27:07","guid":{"rendered":"https:\/\/news.godj.com\/news\/tiktok-owner-agrees-to-sell-us-business\/"},"modified":"2025-12-19T00:27:08","modified_gmt":"2025-12-19T00:27:08","slug":"tiktok-owner-agrees-to-sell-us-business","status":"publish","type":"post","link":"https:\/\/news.godj.com\/news\/tiktok-owner-agrees-to-sell-us-business\/","title":{"rendered":"TikTok owner agrees to sell US business"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div data-component=\"text-block\">\n<p class=\"sc-9a00e533-0 eZyhnA\">TikTok&#8217;s Chinese owner ByteDance has signed binding agreements with US and global investors to sell the majority of its  business in America, TikTok&#8217;s boss told employees on Thursday.<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">Half of the joint venture will be owned by a group of investors, including Oracle, Silver Lake and the Emirati investment firm MGX, according to a memo sent by chief executive Shou Zi Chew.<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">The deal, which is set to close on 22 January, would end years of efforts by Washington to force ByteDance to sell its US operations over national security concerns.<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">The deal is \u200bline with one unveiled in September, when US President Donald Trump delayed the enforcement of a law that would ban the app unless it was sold.<\/p>\n<\/div>\n<div data-component=\"text-block\">\n<p class=\"sc-9a00e533-0 eZyhnA\">In the memo, TikTok said the deal will enable &#8220;over 170 million Americans to continue discovering a world of endless possibilities as part of a vital global community&#8221;.<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">The White House referred the BBC to TikTok when contacted for comment.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.bbc.com\/news\/articles\/cgexp1q8wn1o?at_medium=RSS&#038;at_campaign=rss\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>TikTok&#8217;s Chinese owner ByteDance has signed binding agreements with US and global investors to sell the majority of its business in America, TikTok&#8217;s boss told employees on Thursday. Half of the joint venture will be owned by a group of investors, including Oracle, Silver Lake and the Emirati investment firm MGX, according to a memo [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":42993,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-42992","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us-canada"],"_links":{"self":[{"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/posts\/42992","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/comments?post=42992"}],"version-history":[{"count":1,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/posts\/42992\/revisions"}],"predecessor-version":[{"id":42994,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/posts\/42992\/revisions\/42994"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/media\/42993"}],"wp:attachment":[{"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/media?parent=42992"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/categories?post=42992"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/tags?post=42992"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}