The plan to “save” TikTok is starting to come into focus. On Tuesday The Wall Street Journal data-i13n=”elm:context_link;elmt:doNotAffiliate;cpos:1;pos:1″ class=”link ” href=”https://www.wsj.com/tech/details-emerge-on-u-s-china-tiktok-deal-594e009f” rel=”nofollow noopener” target=”_blank” data-ylk=”slk:reported more;elm:context_link;elmt:doNotAffiliate;cpos:1;pos:1;itc:0;sec:content-canvas”>reported more details about a deal between the US and China as the two sides are apparently “finalizing” specifics of the arrangement.
According to the report, TikTok’s US business will be owned primarily by a group of US investors, which will have a “roughly” 80 percent stake in the entity. The group includes longtime TikTok partner Oracle, as well as Silicon Valley VC firm Andreesen Horowitz and the private…

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