The TikTok logo is seen outside the Chinese video app company’s Los Angeles offices on April 4, 2025 in Culver City, California. ROBYN BECK/AFP via Getty Images
ROBYN BECK/AFP via Getty Images
A new U.S.-based joint venture with investors that include Oracle and the private equity firm Silverlake will take control of the popular short video app TikTok, in a proposed deal that a senior White House official said was a compromise that met both U.S. and Chinese law.
The official, who spoke to reporters on condition of anonymity, said the