TikTok Global

Sourced from Gadgets 360. ByteDance is creating a new company called TikTok Global that will be responsible for providing all TikTok services to users in the United States and most of the users in the rest of the world. TikTok Global is expected to be majority-owned by American investors, including Oracle and Walmart (20%), and with four Americans out of the five-member Board of Directors. It also aims to create more than 25,000 new jobs in the United States and pay more than $5 billion in new tax dollars to the US Treasury. As part of this deal, Oracle will become the company’s cloud provider and all of its data will be hosted at the Generation 2 Cloud data centres. /* custom css */ .tdi_3_135.td-a-rec-img{ text-align: left; }.tdi_3_135.td-a-rec-img img{ margin: 0 auto 0 0; } “Oracle will...