Oracle Reveals $2.2 Billion Investment In TikTok’s US Business After ByteDance Divestment, Holds 15% Stake

On Wednesday, Oracle Corp (NYSE:ORCL) disclosed it has invested about $2.2 billion in the new U.S. entity running TikTok, confirming a 15% ownership stake following the restructuring of the platform’s American operations.
TikTok’s US Ownership Reshaped After ByteDance Divestment
The investment details emerged in Oracle’s quarterly filing for the period ending Feb. 28, where the company reported roughly $2.2 billion in