TikTok’s new majority US-owned JV includes investors Oracle, Silver Lake, and Abu Dhabi’s MGX, each holding 15%, and Dell Family Office; ByteDance retains 19.9% (Financial Times)

Financial Times:
TikTok’s new majority US-owned JV includes investors Oracle, Silver Lake, and Abu Dhabi’s MGX, each holding 15%, and Dell Family Office; ByteDance retains 19.9%  —  Video app launches US joint venture with American in…

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Adam Presser, previously TikTok’s head of operations and trust and safety, will be the CEO of TikTok USDS Joint Venture; TikTok CEO Shou Chew will be a director (Jonathan Vanian/CNBC)

Jonathan Vanian / CNBC:
Adam Presser, previously TikTok’s head of operations and trust and safety, will be the CEO of TikTok USDS Joint Venture; TikTok CEO Shou Chew will be a director  —  TikTok said Thursday that it formed a joint v…

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Judge warns Trump administration from changing plaintiffs immigration status in First Amendment case

A federal judge ruled that the academics, who are party to a lawsuit alleging U.S. policy singles out noncitizens for detention or deportation over their pro-Palestinian activism on college campuses, can seek relief from the court if their immigration …

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