January 23, 2026
TikTok Announces Formation of US Majority-Owned Joint Venture to Prevent Ban
TikTok USDS Joint Venture LLC is backed by managing investors Oracle, Silver Lake, and MGX. The app's Beijing-based parent company retains a 19.9 percent stake.
TL;DR
- TikTok has formed an American majority-owned joint venture to manage data security and content in the U.S.
- The joint venture, named TikTok USDS Joint Venture LLC, will operate as an independent entity.
- A seven-member board of directors will oversee the joint venture, including TikTok CEO Shou Chew and Silver Lake co-CEO Egon Durban.
- The venture will implement safeguards for national security, including comprehensive data protections, algorithm security, content moderation, and software assurances for U.S. users.
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