US EditionTikTok finalizes deal to form new American version of the app
- U.S. and Chinese officials approved selling TikTok's U.S. business to a consortium led by Oracle and Silver Lake, with ByteDance retaining a 19.9% stake, ahead of the January 22, 2026 deadline.
- Legislation and national security concerns forced ByteDance to divest its U.S. business after Congress passed a 2024 law framed to protect national security and prevent foreign influence.
- The newly formed TikTok USDS Joint Venture LLC will oversee U.S. data protection, with Oracle managing user data domestically and Adam Presser leading as CEO under a majority-American board.
- Most U.S. users will see no immediate disruption as roughly 170 million Americans keep their accounts and content, with TikTok expected to function largely the same initially.
- Critics warn that ByteDance, retaining a minority stake and commercial ties, plus a revenue-sharing deal sending about half of TikTok USDS earnings back, leaves risks intact.
334 Articles
334 Articles
TikTok's long-running US saga ends with a deal that averts a ban
The deal, first announced in December, transfers control of TikTok's US operations to a new entity majority-owned by American investors, including cloud-computing giant Oracle, private-equity firm Silver Lake Management, and Abu Dhabi-based MGX.Read Entire Article
TikTok announced that he had concluded an agreement to establish a joint company predominantly owned by US companies.
Chinese-owned short-video app TikTok has signed a deal with US investors to create a joint venture. The move will allow the popular app to continue operating in the US, as the American side has the upper hand in the joint venture.
One of the most used apps in the world, TikTok, begins a new path in the United States after the sale to non-Chinese investors: what changes now and the words of Donald Trump
TikTok closed a deal to create a new US entity, avoiding the imminent threat of a ban in the United States that has been debated for years and would affect a social network used by more than 200 million people there alone.
Evening Standard
TikTok finalises deal to remain in US
The popular video-sharing app has established a new majority American-owned joint venture.
Coverage Details
Bias Distribution
- 59% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
