ByteDance plans to invest $23 billion in AI technology to compete with US technology giants, aiming to strengthen its position in the rapidly evolving AI landscape.
The sale of TikTok's U.S. operations to a consortium led by Oracle raises concerns about potential censorship of content related to Israel and Palestine, as the new investors have pro-Israel political ties, threatening free discourse on the platform.
TikTok is restructuring its US operations into a joint venture with Oracle, Silver Lake, and MGX as managing investors, focusing on national security tasks while ByteDance retains control over key revenue-generating areas like e-commerce and advertising, with the new investors having limited influence over these core business lines.
TikTok's US operations are set to be spun out into a new US-based organization, TikTok USDS Joint Venture LLC, with investments from Oracle, Silver Lake, and MGX, and is expected to be finalized by January 22, 2026, after years of controversy and delays.
TikTok and ByteDance have agreed to a joint venture majority-owned by American investors, including Oracle, Silver Lake, and MGX, allowing TikTok to operate in the U.S. under new security and content moderation terms amid ongoing U.S. government pressure for ByteDance to divest its U.S. operations due to national security concerns.
ByteDance confirms TikTok will be controlled by a US company following a deal expected to close on January 22, valued at around $14 billion, but the specifics remain unclear, raising concerns among lawmakers about national security and algorithm control.
TikTok has signed an agreement to spin off its US assets into a new joint venture with American investors, including Oracle, Silver Lake, and MGX, moving closer to complying with US laws requiring ByteDance to divest US assets, with the deal expected to close by January 2026 pending regulatory approvals from both the US and China.
ByteDance has formed a joint venture to operate TikTok's US app, with American and global investors holding an 80.1% stake and ByteDance retaining 19.9%, aiming to address US national security concerns and avoid a ban, while questions about ByteDance's ongoing role remain.
TikTok has signed agreements with Oracle, Silver Lake, and MGX to form a new US-based joint venture, ensuring its continued operation in the US with local data storage, a US-majority board, and content moderation, amid ongoing security concerns and regulatory pressures.
TikTok's Chinese owner ByteDance has agreed to sell the majority of its US business to a group of investors including Oracle, Silver Lake, and MGX, with the deal set to close on January 22, ending years of US government efforts to force a sale over national security concerns.
TikTok has agreed to sell its U.S. operations to a consortium of American investors including Oracle and Silver Lake, with the deal expected to close by January 22. The new U.S. venture will have a majority-American board, local data storage, and oversight of content moderation, addressing U.S. security concerns and ending years of uncertainty about TikTok's future in the U.S.
TikTok's U.S. operations will be sold to a consortium including Oracle, Silver Lake, and Abu Dhabi's investment fund, with the deal closing on January 22, 2026. The new joint venture will own 45% of TikTok USDS, with Oracle overseeing data protection and content moderation, ensuring U.S. control over user data and content policies.
ByteDance has agreed to transfer control of TikTok's US operations to a new joint venture, involving investors like Oracle, to avoid a US ban and address security concerns, with ByteDance retaining a minority stake.
TikTok has agreed to sell its U.S. operations to a joint venture controlled by American investors, including Oracle, Silver Lake, and MGX, ending a years-long saga driven by national security concerns, with the deal set to close on January 22.
A US-based investor, Frank McCourt, is awaiting clarity on the potential sale of TikTok's US operations amid ongoing delays and uncertainties surrounding the legal and political landscape, with discussions involving major US investors and government officials, but no definitive deal has been announced.