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U.S. Finalizes TikTok Sale; App May Face Shutdown

1/22/2026

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US Finalizes TikTok Sale
  • The United States finalized a deal to sell TikTok's U.S. operations to a consortium led by Oracle and Silver Lake, with closure expected this week.
  • ByteDance retains a minority stake.
  • Oracle will serve as the security partner for the new entity.
  • Reports indicate the TikTok app may be discontinued in the U.S., requiring users to transition to a new platform.
  • The negotiations originated under U.S. President Donald Trump in 2020.
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