Stephanie Flanders

compared to what we could ever do independently.

Come back as you scale.

Pedro Franceschi, it's great to have you.

Thanks for having me.

Look, let's stick with other deal news because nearly a year after the initial deadline to sell, TikTok US has been bought by a consortium.

You know who it's led by.

Oracle.

On the social media, President Trump thanked the Chinese leader Xi Jinping for, quote, working with us.

Let's discuss the details.

Bloomberg social media reporter Alexandra Levine has been following what has been quite the journey.

So the players involved talk us through who's going to have the ownership and how that ownership changes what U.S.

TikTok looks like.

I think it's also important to kind of get to know some of the people behind this new entity.

They have a leader who was a relatively high level executive at the larger entity.

Tell us about him.

Bloomberg's Alex Levine with the reporting.

Thank you very much.

Now, coming up, the age of unicorns is behind us as the number of decahorns and hecticorns grows.

Peter Singlehurst of Bailey Gifford joins us to talk about skyrocketing private valuations.

That's next.