Abu Dhabi’s MGX buys 15% stake to keep TikTok alive in the US

Oracle and Silver Lake also hold 15% stake in the majority American-owned joint venture which will secure data; ByteDance retains 19.9% ownership The post Abu Dhabi’s MGX buys 15% stake to keep TikTok alive in the US appeared first on Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More.

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Oracle and Silver Lake also hold 15% stake in the majority American-owned joint venture which will secure data; ByteDance retains 19.9% ownership

The post Abu Dhabi’s MGX buys 15% stake to keep TikTok alive in the US appeared first on Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More.

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