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.
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TikTok’s US spinoff goes live under new American ownership
TikTok’s U.S. spinoff is now official, and the new joint venture has begun operations. Control of the app’s American business has transferred from ByteDance to a U.S.-led ownership group just ahead of a Trump administration deadline. The new entity, TikTok USDS Joint Venture LLC, announced Thursday that it has been formally established. It also named its leadership team. The move completes a yearlong effort to sever TikTok’s U.S. operations from…
The TikTok deal between the U.S. and ByteDance creates a new company for the app, which is under American control. The changes mainly concern legal aspects, while the app remains the same for users.
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
The agreement provides for the creation of a joint venture that will protect the data of American users, applications and algorithms.
TikTok announced in a communiqué that he has created a mixed company in the United States to avoid banning the application on the US territory, ending a long line of trial, informs AFP, according to News.ro. In a post on the Social Trust network, Donald Trump wrote that it is happy to "save" the application.
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