Tag: Investor

TikTok has finalized a deal to transfer a significant portion of its U.S. operations to a consortium of American investors, bringing an end to a prolonged conflict with the federal government. The collaboration has been referred to as a "new TikTok U.S. joint venture" in an internal memo from ByteDance CEO Shou Chew, as reported by DailyTech. Under this agreement, prominent American investors will assume control of the U.S.-based business. The investor group includes Oracle, Silverlake, and MGX, with a collective ownership of 45% of the U.S. operation, while ByteDance retains nearly 20% ownership. The newly established entity resulting from this partnership is named "TikTok USDS Joint Venture LLC." This new entity will be responsible for managing the app, including data protection, algorithm security, content moderation, and software assurance. An appointed security partner will oversee compliance with the National Security Terms, with Oracle designated as the security partner post-transaction completion. The deal is set to be finalized by January 22, 2026, as initially reported by Axios. The terms of this deal align closely with an executive order issued by President Trump in September, which authorized the sale of TikTok's U.S. operations to an American investor group. CNBC had previously identified Oracle, Silverlake, and MGX as the primary investors in this transaction. ByteDance had pledged to comply with U.S. regulations to ensure TikTok's continued availability to American users. The U.S. government has consistently pushed for the separation of TikTok's U.S. operations from its Chinese parent company, citing national security concerns. Techcrunch event San Francisco | October 13-15, 2026

Tag: Investor

Immersive Web Company Infinite Reality Raises $3 Billion From a Private Investor

Quick Links

Resources

Support