US EditionTikTok finalizes deal to form new American version of the app
The new majority-American joint venture, led by Oracle, Silver Lake, and MGX, will serve over 200 million US users with strict data and algorithm safeguards.
- 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.
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After years of political and legal pressure, TikTok found a way to continue operating in the United States without facing a total ban.The platform announced the creation of TikTok US Data Security Joint Venture LLC (USDS), a new joint venture with a majority of US capital.The movement responds to the law passed in 2024 that forced the Chinese parent company ByteDance to sell TikTok's operations in the United States or abandon that market.With th…
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TikTok in the US goes American, but questions remain
After a long legal saga, TikTok has established a majority American-owned joint venture to operate its US business, deflecting the threat of a ban over its Chinese ownership.
TikTok Launches US-Based Joint Venture to Transfer Control of US Operations
Already a subscriber? Make sure to log into your account before viewing this content. You can access your account by hitting the “login” button on the top right corner. Still unable to see the content after signing in? Make sure your card on file is up-to-date. TikTok has launched a US-based joint venture, TikTok USDS Joint Venture LLC, which officially transfers control of its US operations, user data, and algorithm oversight to a consorti…
TikTok Strikes Deal To Remain In U.S. After Ownership Restructuring - Real News Now
After years of legal and political battles, TikTok will remain operational in the United States thanks to a newly finalized ownership deal between ByteDance and a consortium of international investors. The agreement, announced Thursday evening, brings a dramatic end to growing concerns over Chinese influence and data security on the platform. Trump Administration Holds Line, Secures Deal The breakthrough comes after a six-year effort to either b…
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