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TikTok's U.S. Joint Venture Promises 50% Control Amid Security Concerns

12/19/2025

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Summary

Story summary

TikTok will form a U.S. joint venture with Oracle Corporation, Silver Lake, and Abu Dhabi-based MGX, giving American investors 50% control of the platform.
The agreement is expected to close on January 22, 2026.
The arrangement targets national security concerns linked to ByteDance's Chinese ownership.
TikTok creators express mixed feelings about potential changes to the algorithm and monetization.

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Story summary

TikTok will form a U.S. joint venture with Oracle Corporation, Silver Lake, and Abu Dhabi-based MGX, giving American investors 50% control of the platform.
The agreement is expected to close on January 22, 2026.
The arrangement targets national security concerns linked to ByteDance's Chinese ownership.
TikTok creators express mixed feelings about potential changes to the algorithm and monetization.