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TikTok’s U.S. Operations Move to Majority-U.S. Joint Venture After Deal Closes

The U.S.-led venture averts a statutory ban by committing to local data custody with a U.S.-trained recommendation algorithm.

TikTok crea empresa conjunta en EE. UU. para evitar prohibición por su vínculo con China
El icono de TikTok en la pantalla de un celular, el 28 de febrero de 2023, en el municipio de Marple, Pensilvania. (AP Foto/Matt Slocum, archivo)
ByteDance anunció que formó una empresa conjunta con fondos de inversión de EE.UU y de Emiratos Árabes para que TikTok siga funcionando en Estados Unidos, luego de un lustro de idas y vueltas con el gobierno estadounidense, preocupado por la injerencia china en la plataforma
Fin de la incertidumbre para TikTok en EEUU: la venta que salvó a la plataforma del veto

Overview

  • A non‑Chinese investor consortium will own just over 80% of TikTok USDS Joint Venture LLC, with ByteDance retaining 19.9% and Oracle, Silver Lake, and MGX holding 15% each alongside investors linked to Michael Dell.
  • Adam Presser was appointed chief executive and Will Farrell chief security officer, with a seven‑member board that includes TikTok CEO Shou Zi Chew and Oracle executive Kenneth Glueck.
  • Oracle will host and oversee U.S. user data, while the U.S. entity licenses TikTok’s algorithm from ByteDance and retrains it on U.S. data as it assumes responsibility for domestic content moderation.
  • The structure fulfills a 2024 divest‑or‑ban law, keeping service available to more than 200 million U.S. users and 7.5 million businesses as President Donald Trump publicly celebrated the agreement and thanked China’s Xi Jinping.
  • Reporting notes ByteDance’s global organization will continue running commerce, advertising, and marketing for the U.S. app, prompting ongoing national‑security and operational questions.