TikTok announced that it has established a new joint venture with three American companies, with ByteDance and its affiliates holding 50% of the shares
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TikTok announced the establishment of a new joint venture "TikTok USDS Joint Venture LLC" with Oracle, Silver Lake Partners, and MGX to ensure continued operations in the U.S. market. The new company is majority-owned by American investors, with ByteDance and its affiliates holding 50% of the shares. Oracle will serve as a trusted security partner, responsible for auditing and verifying compliance with national security provisions. The new company will protect U.S. user data and retrain content recommendation algorithms. The transaction is expected to be completed on January 22, 2026
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