23-01-2026

TikTok finalizes US ownership deal to avoid ban

Date: 23-01-2026
Sources: cbsnews.com: 1 | edition.cnn.com: 1 | news.sky.com: 1 | nytimes.com: 3 | scmp.com: 1
Image for cluster 5
Image Prompt:

Business executives and investors signing documents in a sleek conference room, documentary-style photography with a medium-format camera, soft natural light pouring in through floor-to-ceiling windows, capturing a sense of corporate deal-making and international cooperation.

Summary

TikTok's Chinese owner ByteDance has finalized a deal to sell its US operations to a joint venture led by US-based investors, potentially avoiding a nationwide ban in the US. The deal addresses national security concerns and transfers control of TikTok's US user data and operations to the new entity.

Key Points

  • The deal involves ByteDance selling its US operations to a joint venture with US investors, including Oracle, Silver Lake, and MGX.
  • ByteDance will retain a 19.9% stake in the new US entity, while US investors will hold a majority stake.
  • The new entity will have control over content moderation and will license TikTok's recommendation algorithm from ByteDance.
  • The deal addresses national security concerns and ensures the app's long-term operation in the US.
  • Users in the US will not need to download a new app, and the change is not expected to affect users outside the US.

Articles in this Cluster

TikTok finalizes deal with China to avoid U.S. ban, White House official says - CBS News

The US and China have signed off on a deal to sell TikTok's American operations to a joint venture led by US-based investors, potentially avoiding a nationwide ban. The deal, which still needs to be reviewed, raises concerns about whether it meets the requirements of a 2024 law aimed at severing TikTok's ties with its Chinese parent company, ByteDance. Critics question whether the new structure will prevent Chinese influence over the algorithm and ensure American user data security.
Entities: TikTok, China, US, ByteDance, OracleTone: neutralSentiment: negativeIntent: inform

The deal to secure TikTok’s future in the US has finally closed | CNN BusinessClose icon

The deal to secure TikTok's future in the US has been finalized, with a joint venture acquiring the app's US assets and establishing a new leadership team. The transaction addresses concerns over national security risks and ensures the app's long-term operation in the US. The joint venture will be led by CEO Adam Presser and Chief Security Officer Will Farrell, with a board that includes TikTok US CEO Shou Chew and representatives from Oracle, Silver Lake, and MGX. The deal transfers control of TikTok's US user data and operations to the new entity, with Oracle overseeing data storage and the joint venture responsible for content moderation. While the arrangement aims to alleviate national security concerns, questions remain about its effectiveness.
Entities: TikTok, Donald Trump, ByteDance, United States, ChinaTone: neutralSentiment: positiveIntent: inform

US and China finalise deal to sell TikTok's American business | Money News | Sky News

The US and China have finalized a deal for TikTok's Chinese owner, ByteDance, to sell its American division to a group of investors backed by Donald Trump, including Oracle, Silver Lake, and MGX. The deal will allow TikTok to continue operating in the US, ending years of uncertainty over its future. The agreement comes after Joe Biden signed a law in 2024 requiring TikTok's Chinese owners to sell up or face a ban, amid concerns over user data sharing with the Chinese government and algorithm manipulation. ByteDance will retain a 19.9% stake in US operations, while the new investors will hold a majority stake. The deal was welcomed by Donald Trump, who claimed credit for saving TikTok.
Entities: Donald Trump, China, US, TikTok, ByteDanceTone: neutralSentiment: positiveIntent: inform

Here’s Who Just Bought TikTok - The New York Times

The New York Times reports that ByteDance, TikTok's Chinese parent company, has spun out an American venture to operate TikTok in the United States. The deal is part of an effort to comply with a 2024 federal law aimed at separating TikTok from ByteDance due to national security concerns. Non-Chinese investors will own about 80% of the American venture, while ByteDance will retain 19.9%. The new venture will license TikTok's recommendation algorithm from ByteDance and have control over content moderation. Major investors in the new venture include Oracle, MGX, and Silver Lake, each holding a 15% stake. Oracle will oversee the security of Americans' data and monitor changes to TikTok's recommendation technology. The deal highlights the complex web of relationships between tech companies, investors, and government entities.
Entities: TikTok, ByteDance, Oracle, MGX, Silver LakeTone: neutralSentiment: neutralIntent: inform

TikTok Strikes Deal to Create New U.S. Entity and Loosen App’s Ties to China - The New York Times

TikTok's Chinese owner, ByteDance, has struck a deal with non-Chinese investors to create a new U.S. TikTok entity, addressing national security concerns and loosening the app's ties to China. The deal, which includes investors like Oracle, MGX, and Silver Lake, will see them own over 80% of the new venture, with ByteDance retaining under 20%. The new entity will have an American-majority board and will moderate content, but ByteDance will keep control of the app's algorithm. The deal concludes a six-year legal saga and trade war between the U.S. and China, with the app facing bans and restrictions under previous administrations. Critics raise concerns that the arrangement may not fully address national security concerns and that the new owners may influence the app's content.
Entities: TikTok, ByteDance, Oracle, MGX, Silver LakeTone: neutralSentiment: positiveIntent: inform

Will I Have to Download a New TikTok App? And Other Big Questions About The Deal. - The New York Times

TikTok has new owners in the United States after ByteDance agreed to spin out a U.S. TikTok entity. The new owners will have control over content moderation and will license the algorithm from ByteDance. The change is due to a 2024 federal law aimed at separating the app from its Chinese owner. Experts worry that the new owners may influence content on TikTok more directly, potentially allowing misinformation to be disseminated. However, users in the United States will not need to download a new app, and the change is not expected to affect users outside the United States.
Entities: TikTok, ByteDance, United States, Elon Musk, TwitterTone: neutralSentiment: neutralIntent: inform

TikTok confirms deal to create new US venture, averting shutdown by a few hours | South China Morning Post

TikTok and its parent company ByteDance have confirmed the creation of a new US venture, securing the platform's future for its 170 million American users just hours before a shutdown deadline. The deal, which involves transferring parts of TikTok's US business to a consortium of mostly US investors, received the formal blessing of both the US and Chinese governments. US President Donald Trump announced his approval on social media, thanking Chinese President Xi Jinping for his cooperation. The agreement was initially outlined by TikTok's CEO Chew Shou Zi in an internal memo last month.
Entities: TikTok, ByteDance, US, China, Chew Shou ZiTone: neutralSentiment: positiveIntent: inform