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investors, including software giant Oracle.
About a third will be held by existing investors, and the rest stays with ByteDance, which is to retain the video-sharing app's algorithm.
The deal follows several deadlines to sell TikTok's American assets or be banned in the U.S.
due to national security concerns.
futures are mixed in after-hours trading.
Live from NPR News in Washington, I'm Shea Stephens.
State and federal authorities say the man wanted in Rhode Island for the mass shooting at Brown University was
has been found dead in New Hampshire.
48-year-old Claudio Neves Valente had been the subject of an intense manhunt
And the FBI offered $5 million reward for information leading to a suspect.
FBI Special Agent Ted Dock says Valente apparently died from a self-inflicted gunshot wound.
Investigators say there may be a link between the attack that left two people dead and nine others injured at Brown University and the murder of an MIT professor in Massachusetts on Monday.
The House of Representatives has voted to ease red tape holding up permits for new projects in the U.S.
The so-called SPEED Act still needs Senate approval, and it's a big step for a topic that's been hotly debated for years.
More from NPR's Camilla Dominovsky.
TikTok has reached a deal to sell its U.S.
operations to a group of investors that includes Oracle, run by billionaire Larry Ellison.
As NPR's Bobby Allen reports, Ellison is a longtime ally of President Trump.