NYSE:ORCL

TikTok avoids U.S. ban with Oracle-led joint venture deal — here’s who owns what now
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TikTok avoids U.S. ban with Oracle-led joint venture deal — here’s who owns what now

ByteDance said Friday it will shift TikTok’s U.S. operations to a new joint venture, with Oracle, Silver Lake, and MGX each taking 15% stakes and ByteDance retaining 19.9%. The venture will control U.S. user data on Oracle’s cloud and oversee TikTok’s algorithm security. Adam Presser was named CEO. Both U.S. and Chinese officials approved the deal.
January 23, 2026

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