
The US and China have just about settled on a deal to keep video app TikTok alive in the US, and The Wall Street Journal reports that Oracle, Silver Lake, and Andreessen Horowitz are among the investors that will take a "roughly 80%" share of a new US company that will operate a new US version of the app.
President Trump first threatened to ban TikTok in 2020, claiming that the app's Chinese owner presented a national security risk, and in 2024 a ban was signed into law by President Biden.