TikTok Moves to Form Separate US Venture with Oracle After Years of Delay

Written by on December 20, 2025

Friday, 19/12/2025 | 12:02 GMT by
Tareq Sikder

  • Oracle, Silver Lake and MGX will acquire a majority stake in the US unit.
  • ByteDance will keep about 20% and license its algorithm, while Chinese regulatory approval remains pending.

TikTok Moves to Form Separate US Venture with Oracle After Years of Delay

TikTok headquarters in Culver City, California, Source: Wikipedia

TikTok has formally moved to separate its US business from
Chinese parent ByteDance. The company announced that a group led by Oracle
Corp. has agreed to buy its US operations. The deal, resembling the rejected
Project Texas, could resolve a long-running US-China issue and meet Biden-era
sell-or-ban requirements.

Last year, TikTok faced a deadline
to comply with a US law requiring ByteDance to sell the app or face a
nationwide ban. The company filed an emergency request with the Supreme Court
while appealing a lower court ruling. US officials cited national security
risks, including potential access to user data and influence over content.

Details of the Joint Venture

Shou Chew, CEO, TikTok, Source: LinkedIn

Chief Executive Officer Shou Chew informed staff in an
internal memo that TikTok and ByteDance had signed binding agreements to form a
US joint venture. The new entity will be majority-owned by American investors.

Chew said he was “pleased to share some great news” and noted agreements with
Oracle, Silver Lake and MGX had been signed. He said the deal is expected to
close on Jan. 22, 2026, but “there’s more work to be done.”

Chinese regulators have not yet indicated whether they will
approve the transaction.

US Operations and Governance

The memo said the US joint venture will operate
independently. It will control data protection, content moderation and
algorithm security in the United States. Chew added the company will be
“governed by a new seven-member majority-American board of directors.” Oracle
shares rose about 5.2% in early trading on Friday, Bloomberg reported.

TikTok has signed a deal to form a new U.S. joint venture controlled by mostly American investors that include Oracle Corporation, Silver Lake and MGX, according to an internal memo sent by TikTok CEO Shou Chew and obtained by ABC News. https://t.co/bnIv9OMbye pic.twitter.com/RHwlzMWzHp

— ABC News (@ABC) December 19, 2025

Ownership Structure

The structure matches a plan outlined by the White House in
September. That proposal valued TikTok’s US business at about $14 billion,
subject to China’s approval. Under the ownership plan, Oracle, Silver Lake and
MGX will each hold 15%. Affiliates of existing ByteDance investors will hold
30.1%, while ByteDance retains 19.9%.

Remaining Ties and Algorithm Issues

The arrangement does not fully sever ties with ByteDance.
Previous reporting indicated the parent company could retain about half of the
US unit’s profits.

Critics have said this may conflict with a US national
security law, which requires TikTok US and ByteDance to have no operational
relationship. ByteDance is expected to license its recommendation algorithm to
the US entity, retrained using US data secured by Oracle.

TikTok has formally moved to separate its US business from
Chinese parent ByteDance. The company announced that a group led by Oracle
Corp. has agreed to buy its US operations. The deal, resembling the rejected
Project Texas, could resolve a long-running US-China issue and meet Biden-era
sell-or-ban requirements.

Last year, TikTok faced a deadline
to comply with a US law requiring ByteDance to sell the app or face a
nationwide ban. The company filed an emergency request with the Supreme Court
while appealing a lower court ruling. US officials cited national security
risks, including potential access to user data and influence over content.

Details of the Joint Venture

Shou Chew, CEO, TikTok, Source: LinkedIn

Chief Executive Officer Shou Chew informed staff in an
internal memo that TikTok and ByteDance had signed binding agreements to form a
US joint venture. The new entity will be majority-owned by American investors.

Chew said he was “pleased to share some great news” and noted agreements with
Oracle, Silver Lake and MGX had been signed. He said the deal is expected to
close on Jan. 22, 2026, but “there’s more work to be done.”

Chinese regulators have not yet indicated whether they will
approve the transaction.

US Operations and Governance

The memo said the US joint venture will operate
independently. It will control data protection, content moderation and
algorithm security in the United States. Chew added the company will be
“governed by a new seven-member majority-American board of directors.” Oracle
shares rose about 5.2% in early trading on Friday, Bloomberg reported.

TikTok has signed a deal to form a new U.S. joint venture controlled by mostly American investors that include Oracle Corporation, Silver Lake and MGX, according to an internal memo sent by TikTok CEO Shou Chew and obtained by ABC News. https://t.co/bnIv9OMbye pic.twitter.com/RHwlzMWzHp

— ABC News (@ABC) December 19, 2025

Ownership Structure

The structure matches a plan outlined by the White House in
September. That proposal valued TikTok’s US business at about $14 billion,
subject to China’s approval. Under the ownership plan, Oracle, Silver Lake and
MGX will each hold 15%. Affiliates of existing ByteDance investors will hold
30.1%, while ByteDance retains 19.9%.

Remaining Ties and Algorithm Issues

The arrangement does not fully sever ties with ByteDance.
Previous reporting indicated the parent company could retain about half of the
US unit’s profits.

Critics have said this may conflict with a US national
security law, which requires TikTok US and ByteDance to have no operational
relationship. ByteDance is expected to license its recommendation algorithm to
the US entity, retrained using US data secured by Oracle.

Tareq Sikder

  • 2025 Articles
  • 34 Followers

A Forex technical analyst and writer who has been engaged in financial writing for 12 years.

  • 2025 Articles
  • 34 Followers

Finance Magnates Daily Update

Get all the top financial news delivered straight to your inbox. Stay informed, stay ahead.

Keep Reading

More from the Author

Trending

Featured Videos

Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25


Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25

Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25


Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25

In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.

Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.

We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.


In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.

Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.

We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.

In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.

Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.

We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.


In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.

Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.

We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.


More Videos

  • Executive Interview | Drew Niv | Chief Strategy Officer, ATFX Connect | FMLS:25


    Executive Interview | Drew Niv | Chief Strategy Officer, ATFX Connect | FMLS:25

    Executive Interview | Drew Niv | Chief Strategy Officer, ATFX Connect | FMLS:25


    Executive Interview | Drew Niv | Chief Strategy Officer, ATFX Connect | FMLS:25

    Executive Interview | Drew Niv | Chief Strategy Officer, ATFX Connect | FMLS:25


    Executive Interview | Drew Niv | Chief Strategy Officer, ATFX Connect | FMLS:25

    In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.

    We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.

    We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.


    In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.

    We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.

    We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.

    In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.

    We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.

    We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.


    In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.

    We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.

    We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.

    In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.

    We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.

    We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.


    In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.

    We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.

    We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.

  • Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25


    Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25

    Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25


    Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25

    Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25


    Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25

    In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.

    Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.

    A concise look at where compliance, onboarding, and AI-driven processes are heading next.


    In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.

    Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.

    A concise look at where compliance, onboarding, and AI-driven processes are heading next.

    In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.

    Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.

    A concise look at where compliance, onboarding, and AI-driven processes are heading next.


    In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.

    Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.

    A concise look at where compliance, onboarding, and AI-driven processes are heading next.

    In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.

    Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.

    A concise look at where compliance, onboarding, and AI-driven processes are heading next.


    In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.

    Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.

    A concise look at where compliance, onboarding, and AI-driven processes are heading next.

  • Executive Interview | Aydin Bonabi | Founder, Surveill | FMLS:25


    Executive Interview | Aydin Bonabi | Founder, Surveill | FMLS:25

    Executive Interview | Aydin Bonabi | Founder, Surveill | FMLS:25


    Executive Interview | Aydin Bonabi | Founder, Surveill | FMLS:25

    Executive Interview | Aydin Bonabi | Founder, Surveill | FMLS:25


    Executive Interview | Aydin Bonabi | Founder, Surveill | FMLS:25

    In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.

    We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.

    We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
    He closes with a clear message: fraud is scaling, and so must the tools that stop it.


    In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.

    We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.

    We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
    He closes with a clear message: fraud is scaling, and so must the tools that stop it.

    In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.

    We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.

    We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
    He closes with a clear message: fraud is scaling, and so must the tools that stop it.


    In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.

    We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.

    We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
    He closes with a clear message: fraud is scaling, and so must the tools that stop it.

    In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.

    We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.

    We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
    He closes with a clear message: fraud is scaling, and so must the tools that stop it.


    In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.

    We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.

    We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
    He closes with a clear message: fraud is scaling, and so must the tools that stop it.

  • Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town


    Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town

    Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town


    Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town

    Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town


    Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town

    Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness

    Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/

    #exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown


    Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness

    Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/

    #exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown

    Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness

    Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/

    #exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown


    Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness

    Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/

    #exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown

    Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness

    Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/

    #exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown


    Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness

    Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/

    #exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown

Read More

Author

admin

Author's archive
Reader's opinions

Leave a Reply

You may also like
0

How to Watch Bowen Yang’s Final ‘SNL’ Episode (With Ariana Grande and Cher) Live Online

December 21, 2025

How to Watch Bowen Yang’s Final ‘SNL’ Episode (With Ariana Grande and Cher) Live Online
0

How to Watch Ariana Grande, Cher on ‘Saturday Night Live’ Tonight

December 21, 2025

How to Watch Ariana Grande, Cher on ‘Saturday Night Live’ Tonight
0

Nicole Bazemore Shares Tested Baking Systems for Home Cooks Seeking Consistency

December 20, 2025

Nicole Bazemore Shares Tested Baking Systems for Home Cooks Seeking Consistency

Continue reading

Next post

Small Business Optimism Sees Slight Uptick, Concerns Persist Over Labor

Small Business Optimism Sees Slight Uptick, Concerns Persist Over Labor
Previous post

Common Problems You May Experience With The Chevrolet Malibu (According To Owners)

Common Problems You May Experience With The Chevrolet Malibu (According To Owners)
Current track

Title

Artist