Shou Zi Chew

US TikTok ban enforcement under the divest-or-ban law culminates in a signed USDS Joint Venture with Oracle, Silver Lake, and MGX and a projected close in 2026, with temporary reinstatement of the app during negotiations and data/security responsibilities shifting to the JV.

TikTok confirms US sale close date (Jan 22) with Oracle, Silver Lake, and MGX owning 45% of the entity, ByteDance 20%, and the remainder held by ByteDance affiliates; the deal unfolds amid a divest-or-ban regulatory regime and a prior US blackout.