SilverLake – Latest stories from Nourish

a { color: #880000 !important; background: #ffeeee !important; } Latest News from NourishThe Nourish Mission (formerly OneSub)Get answers to today's big questionsWhy is SilverLake in the news at the moment?

Silver Lake is in the news for signing onto the TikTok US deal, aiming to help China’s app stay operational in America.

Stories involving SilverLake

Starbucks Cuts 900 Jobs, Closes Stores

On September 25, 2025, Starbucks announced layoffs of approximately 900 staff and the closure of about 1% of its North American stores, including its flagship Seattle roastery. CEO Brian Niccol aims to restore the coffeehouse experience amid six quarters of declining US sales. The cuts mainly affect support and corporate roles, while the company plans to invest in store improvements and technology.

US-China TikTok Deal Moves Forward

The US and China are nearing an agreement on TikTok, with US investors set to control around 80% of the app in the US. The deal follows negotiations involving trade, security, and market access, with both sides emphasizing mutual respect and legal compliance. The deal is not yet finalized and awaits Chinese approval.

TikTok US Deal Set for January

TikTok and ByteDance have signed binding agreements with Oracle, Silver Lake, and Abu Dhabi's MGX to form a US joint venture, TikTok USDS Joint Venture LLC, set to close on January 22, 2026. The new entity will control US data security and content moderation, while ByteDance retains control over e-commerce and advertising.