World

TikTok Seals Deal For Majority U.S.-Owned Joint Venture, Oracle Holds 15%

January 23, 2026

TikTok has finalized a deal to establish a majority American-owned joint venture, allowing U. S. investors to take control of its operations in the country. This agreement aims to enhance national security through data protections and content moderation, while averting a potential nationwide ban on the app, which boasts over 200 million users in the U. S.

TikTok

Credit: Deadline

Key Highlights

TikTok's new joint venture will be majority-owned by American investors.
The deal includes comprehensive data protection and content moderation safeguards.
The joint venture is governed by a seven-member board primarily consisting of U. S. representatives.
The agreement avoids a nationwide ban on TikTok, which has more than 200 million users in the U. S.
Oracle holds a 15% stake in the new joint venture.

World Business News ByteDance TikTok

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 Seals Deal For Majority U.S.-Owned Joint Venture, Oracle Holds 15%

Key Highlights

Sources

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