US EditionTikTok Strikes Deal for New US Entity, Ending Long Legal Saga
The deal ends six years of U.S. legal challenges by creating a U.S.-majority owned TikTok, with investors holding over 80% and ByteDance retaining under 20%.
- On Thursday, TikTok announced its U.S. operations will be controlled by American investors after more than a year of negotiations to comply with the 2024 security law.
- The 2024 security law arose as Congress and U.S. officials feared ByteDance, TikTok's Chinese owner, could be forced by Beijing to hand over Americans' data amid export-control concerns.
- Under the deal structure, Oracle, MGX, and Silver Lake will each own 15%, while ByteDance will own just under 20%, according to officials.
- The deal preserves TikTok's presence for more than 200 million U.S. users, but critics warn the new U.S. venture may not end ByteDance's influence or meet legal requirements.
- Some new investors have ties to President Donald Trump and Larry Ellison, while enforcement delays shaped the deal and Vice President JD Vance cited a $14 billion valuation.
11 Articles
11 Articles
Hawaii Tribune-Herald
West Hawaii TodayTikTok strikes deal for new US entity, ending long legal saga
TikTok said Thursday that its Chinese owner, ByteDance, had struck a deal with a group of non-Chinese investors to create a new U.S. TikTok, concluding a six-year legal saga that saw the app banned by Congress and ensnared in politicking between two global superpowers.
TikTok Strikes US Deal After Years Of Uncertainty. What To Know
TikTok has at last finalized a deal to keep the popular video sharing platform operating in the US after years of uncertainty, but questions remain about whether users' experience will change and whether the changes actually address security concerns
Ignoring TikTok divestment law is Trump's biggest abuse of power
One of President Donald Trump’s biggest abuses of power remains how he ignored a law signed by Congress to get a deal on TikTok. The result is a deal that does not even meet the standards that Congress set out in the first place. TikTok on Thursday announced that its U.S. operations would be controlled by a group of American investors. The managing investors will be MGX, Oracle, and Silver Lake, with Oracle providing the data security. This is b…
What to Know About the Deal to Keep TikTok From Being Banned in the U.S.
Jan. 24, 2026 (AP) – TikTok has at last finalized a deal to keep the popular video sharing platform operating in the U.S. after years of uncertainty, but questions remain about whether users' experience will change and whether the changes actually address security concerns around the app.Here's what to know about the deal, which created a new TikTok U.S. joint venture after social video platform company signed agreements with major investors inc…
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