All articles tagged with #us sale
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'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 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.
President Trump approved the sale of TikTok's US operations to a consortium including Oracle, valued at around $14 billion, with Oracle auditing the US-specific algorithm to ensure US control, amidst ongoing political and corporate negotiations.