TikTok signs deal to put Oracle-led investor group in charge of U.S. operations

TikTok has signed a deal that would put a group of investors led by the software company Oracle in charge of its U.S. operations. But China-based ByteDance will still own the underlying algorithm, according to an internal memo that NPR reviewed.

Here & Now's Indira Lakshmanan speaks with Mike Regan, managing editor for U.S. stocks at Bloomberg.