Oracle, Andreesen Horowitz, More Will Hold Controlling Stake In TikTok Deal, Report Says
ToplineAn investor group headlined by Larry Ellison’s Oracle, the private equity Silver Lake and Marc Andreessen's venture capital firm will hold a controlling stake in TikTok’s new U.S. business, the Wall Street Journal reported Tuesday, as President Donald Trump claimed a deal was struck to keep the China-based app online nationwide. President Donald Trump signaled earlier, “We’ve got a deal on TikTok.” Getty ImagesKey FactsOracle, Silver Lake and Andreessen Horowitz are among U.S investors who will hold ...