TikTok has finalized a deal with new US owners including Oracle, MGX, and Silver Lake. However, these investors will not have significant control over key business areas, according to an internal memo. What Happened: TikTok has reached an agreement with Oracle, Abu Dhabi investment firm MGX, and private-equity firm Silver Lake for a joint-venture agreement. These new investors will focus on national security-related tasks, such as data management and algorithm training. However, TikTok’s current owner, B ...