The official Tiktok deal is described as an “American‑controlled joint venture.” It s now registered as TikTok USDS Joint Venture LLC, maintaining operating requirements in the U.S.
The changes consist of:
- Content moderation and governance
- Oracle, data security, and infrastructure
- Role removal of ByteDance within the algorithm
- U.S. and other non‑Chinese investors collectively own 80.1%
- ByteDance owns 19.9%
- Oracle, Silver Lake, and MGX each hold about a 15% of the 80.1%
- Increased US National security and legal context of access and user data
- Now stands at an estimated 14 billion dollar valuation