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TikTok: US, China sign off deal after long battle
Hindustan Times Punjab
|January 23, 2026
The US and China have signed off on a deal to sell TikTok’s US business to a consortium of mostly US investors led by Oracle and Silver Lake, reports said on Thursday, capping off a years-long battle between the social media app and the two superpowers.
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The deal — outlined by the chief executive of TikTok parent ByteDance in an internal memo last month — is set to close this week, people familiar with the matter told the news website Semafor. TikTok chief executive Shou Chew said in December that ByteDance had signed a binding agreement with investors but that regulators hadn’t yet indica
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