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TikTok has finalized agreements to establish a new joint venture, TikTok USDS Joint Venture LLC, with Oracle, Silver Lake, and MGX, ensuring its continued operation in the U. S. This deal, which involves the sale of over 80% of TikTok's U. S. assets, aims to address regulatory concerns and is set to close on January 22, 2026.
Under the TikTok US sale terms, ByteDance will license its AI recommendation technology to a newly created US TikTok entity, which will use the existing algorithm to retrain a new system that is secured by Oracle, TikTok’s cloud partner
Credit: Hindustantimes
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