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Here's your afternoon TNB Tech Minute for Tuesday, September 16th. I'm Julie Chang for the

Wall Street Journal. We've got new details on the U.S.-China TikTok deal. According to people

familiar with the matter, TikTok's U.S. business would be controlled

by an investor consortium that includes Oracle, Silver Lake, and Andresen Horwitz. The arrangement

would create a new U.S. entity to operate the app, with U.S. investors holding a roughly 80%

stake and Chinese shareholders owning the rest.

Sources say the new company would also have an American-dominated board with one member

designated by the U.S. government.

Existing users in the country would be asked to shift to a new app that TikTok has built

and is testing.

Both sides are still finalizing details of the proposed deal and terms could change.

Plus, Rivian broke ground today on a factory in Georgia. The new assembly plant will be the

electric vehicle maker's second and is set to begin production in 2028. It would support the

company's R2 sport utility vehicle and smaller R3 crossover model.

The factory represents a fundamental shift for the manufacturer of upscale pickups and

sport utility vehicles.

Rivians doubling down on EVs comes at a time when the rest of the U.S. auto industry

...