TikTok’s parent company ByteDance sold the app to a mostly American group of investors, including the software business giant Oracle (founded by Trump ally Larry Ellison), MGX (an Abu Dhabi-based company also involved in Trump crypto ventures) and the private equity firm Silver Lake.
TikTok’s parent company ByteDance sold the app to a mostly American group of investors, including the software business giant Oracle (founded by Trump ally Larry Ellison), MGX (an Abu Dhabi-based company also involved in Trump crypto ventures) and the private equity firm Silver Lake.