Overview
- The new company, TikTok USDS Joint Venture LLC, is slated to close on January 22, 2026, subject to remaining steps.
- Oracle, Silver Lake and MGX will each hold about 15%, affiliates of existing ByteDance investors will hold 30.1%, and ByteDance will retain 19.9%.
- A seven-member majority-American board will govern the U.S. venture with authority over data protection, content moderation and software assurance.
- U.S. user data will reside on Oracle-run systems, and the recommendation algorithm will be retrained on U.S. data to deter outside manipulation.
- The structure keeps TikTok available to more than 170 million U.S. users while shifting operational control to an American-led investor group.