TikTok to become US company with ByteDance, Oracle owning shares

TikTok parent company ByteDance is resolving US President Donald Trump’s attempt to ban the Chinese social media giant in the US by making TikTok’s global arm a US-based business. This is according to the Financial Times, which reports that TikTok will become a company headquartered in the US, with ByteDance becoming majority shareholder. Oracle, which … Continue reading Platform.sh rides high on French tech funding craze with new $140m round