December 19, 2025
ByteDance has finalized binding agreements to restructure TikTok's US operations through a joint venture that will transfer majority control to American and global investors, including Oracle, Silver Lake, and UAE-based MGX. The arrangement, scheduled to close on January 22nd, allows ByteDance to retain only 19. 9% ownership while the investor group collectively holds the majority stake, with Oracle licensing TikTok's recommendation algorithm.
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Read full article from source: BBC