TikTok avoids a U.S. ban in Jan 2026 by forming TikTok USDS Joint Venture LLC. ByteDance cedes 80.1% control to Oracle, Silver Lake, and MGX.
Silver Lake
TikTok CEO Shou Zi Chew confirms a final deal to sell U.S. operations to an Oracle-led venture by January 22, 2026, ending the threat of a nationwide ban.