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TikTok’s Chinese owner ByteDance has signed binding agreements with US and global investors to operate its business in America, the company’s chief executive told staff on Thursday. Half of the joint venture will be owned by investors including Oracle, Silver Lake and Emirati firm MGX, according to a memo from Shou Zi Chew. The deal, due to close on 22 January, resolves years of Washington pressure to force ByteDance to […]
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