TikTok U.S. Joint Venture Deal Set to Close in January With Investors Including Oracle, Silver Lake [Yahoo! Finance]
Oracle Corporation (ORCL)
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Source: Yahoo! Finance
investors: Oracle Corporation, Silver Lake and Abu Dhabi-based MGX, to form a new TikTok U.S. joint venture named TikTok USDS Joint Venture LLC, according to a memo to TikTok staff by CEO Shou Zi Chew reviewed by Variety . The agreement forming the TikTok U.S. joint venture is set to close Jan. 22, 2026. More from Variety TikTok Announces Live Podcast Series, Launching With Demi Lovato Katseye Named TikTok's Global Artist of the Year Kim Kardashian and Skims to Host Shoppable Holiday Livestream Event on TikTok (EXCLUSIVE) The agreements specify that the U.S. joint venture will be majority-owned by American investors, governed by a new seven-member majority-American board of directors, and subject to terms that protect Americans' data and U.S. national security. Read the full memo from Shou: Update on our U.S. business I am pleased to share some great news. We have signed agreements with investors regarding a new TikTok U.S. joint venture, enabling over 170 million Amer
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News
- TikTok says it signed agreements for new U.S. joint venture [Los Angeles Times (CA)]Los Angeles Times
- TikTok finalizes agreements for U.S. joint venture with consortium, Bloomberg says [Yahoo! Finance]Yahoo! Finance
- TikTok Says It Signed Agreements to Create New US Joint Venture [Yahoo! Finance Canada]Yahoo! Finance Canada
- TikTok Says It Signed Agreements to Create New US Joint Venture [Yahoo! Finance]Yahoo! Finance
- Retail chain shuts all locations as legal changes hit industry [Yahoo! Finance]Yahoo! Finance
ORCL
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- 12/10/25 - Beat
ORCL
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- 12/11/25 - Form 10-Q
- 12/10/25 - Form 8-K
- 12/9/25 - Form 4
- ORCL's page on the SEC website