TikTok Signs Binding Deal to Shift U.S. Operations to Oracle-Led Joint Venture

Overview

• ByteDance would retain 19.9% while U.S. and other non‑Chinese investors hold roughly 80.1% of TikTok USDS Joint Venture LLC.
• Oracle, Silver Lake and MGX are slated for 15% stakes each, with another 30.1% going to affiliates of existing ByteDance investors.
• The new U.S. entity would control algorithm security, content moderation and software assurance for the domestic service.
• Oracle will host U.S. user data on local infrastructure under the venture’s data‑protection regime.
• Closing is targeted for January 22, 2026, to meet the 2024 divest‑or‑ban law for a service used by about 170 million Americans, though political, legal and Chinese regulatory reviews remain.