Silver Lake is a person tracked in our intelligence system with 5 linked articles.
US DOJ says federal employees can download TikTok on government devices again, due to a deal that transferred TikTok’s US operations to a JV backed by Oracle, Silver Lake, and MGX, with ByteDance retaining a 19.9% stake and Trump signaling clearance to executive agencies under policy.
TikTok outage coincides with a US ownership/shaping move into the TikTok USDS Joint Venture LLC, with ByteDance and investors like Oracle and Silver Lake involved.
TikTok closes a US compliance deal via the TikTok USDS Joint Venture with ByteDance at 19.9% and Oracle/Silver Lake/MGX ownership elsewhere; Oracle will store US data and the venture will retrain/update the content-recommendation algorithm, while Congress remains uncertain about regulatory compliance.
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.
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