The Economic Times News

TikTok US deal update: Oracle-led joint venture set to launch in 2026 what this means for ByteDance

TikTok US deal 2026: TikTok is set to become a US joint venture. Oracle, Silver Lake, and MGX will lead the new entity. American investors will hold majority ownership. This move separates TikTok's US operations from its Chinese parent, ByteDance. The deal is expected to finalize in January 2026. The new US company will manage its own data and content.