Source: the TikTok US deal values it at just around $14B; TikTok's US entity makes roughly $14B annually in advertising revenues alone, per analyst estimates (Sara Fischer/Axios)
ThinkingNews Desk · how this was written
The United States and China have approved a deal that creates a joint venture to sell TikTok’s U.S. business to a group of mostly U.S. investors led by Oracle and Silverlake, valuing the venture at roughly $14 billion. ByteDance will retain a 19.9% stake, keep and license its algorithm, and continue to run TikTok’s commercial activities in the United States.
Written from all 4 reports below, not from any single one.
How it was reported
- TechMeme·Sources: the US and China approve a deal to sell TikTok's US business to a group of mostly US investors led by Oracle and Silverlake, set to close this week (Semafor)
The US and China have approved a deal to sell TikTok's US business. The sale is led by Oracle and Silverlake, a group of mostly US investors. The deal is set to close this week.
- TechCrunch·Here’s what you should know about the US TikTok deal
The US TikTok deal may valuate the platform's US business at $60 billion. Investors are competing to purchase the app. A potential deal could significantly impact the platform's valuation.
- TechMeme·Source: the TikTok US deal values it at just around $14B; TikTok's US entity makes roughly $14B annually in advertising revenues alone, per analyst estimates (Sara Fischer/Axios)
TikTok's US deal values the company at around $14B. The US entity generates roughly $14B annually in advertising revenues. The deal involves a joint venture controlled by American investors.
- Engadget·TikTok finalizes deal for its US entity
TikTok has finalized a deal for its US entity. The agreement likely involves ownership and operation details. This move may impact the app's US presence.
- TechMeme·The US' TikTok deal is a win for ByteDance: it will keep and license the algorithm instead of selling it, and continue to run TikTok's commercial activities (Jim Secreto/Financial Times)
The US' TikTok deal allows ByteDance to keep and license its algorithm. ByteDance will continue to run TikTok's commercial activities. This compromise stabilizes one of Beijing's key tech companies.
- TechCrunch·TikTok finalizes deal to create new US entity and avoid ban
TikTok has finalized a deal to create a new US entity. The agreement ends a six-year saga sparked by national security concerns. It began in 2020 when President Donald Trump attempted to ban the app.
- Ars Technica·TikTok deal is done; Trump wants praise while users fear MAGA tweaks
The TikTok deal is complete, with a joint venture valuing the company at $14 billion. ByteDance retains 19.9% ownership, while American investors hold the majority. The venture aims to address national security concerns.
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