Entertainment

TikTok owner ByteDance signs binding deal to create new U.S. joint venture

December 19, 2025

ByteDance, the owner of TikTok, has finalized a binding agreement to create a new joint venture in the U. S., making the American version of the app majority-owned by U. S. investors, including Oracle and Silver Lake. This move, which follows a directive from the Trump administration, is set to take effect on January 22, 2026, and will involve the sale of TikTok's U. S.

TikTok owner ByteDance signs binding deal to create new U.S. joint venture

Credit: Nbcnews

Key Highlights

ByteDance has signed a binding agreement for a U. S. joint venture.
The U. S. version of TikTok will be majority-owned by American investors.
Key investors include Oracle, Silver Lake, and MGX.
The joint venture is set to take effect on January 22, 2026.
This agreement follows a directive from the Trump administration.

World News China Donald Trump ByteDance TikTok Trump

Sources

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

TikTok owner ByteDance signs binding deal to create new U.S. joint venture

Key Highlights

Sources

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