TikTok Seals Deal to Set Up US Venture

MT Newswires Live01-23

TikTok has reached a deal to establish a U.S.-based joint venture that would enable the short-video platform to continue operating in the country, the company announced in a Friday press release.

The company said the TikTok USDS Joint Venture will ensure securing "U.S. user data, apps and the algorithm through comprehensive data privacy and cybersecurity measures".

The deal satisfies the Protecting Americans from Foreign Adversary Controlled Applications Act signed into law by former US President Joe Biden, which requires its parent ByteDance to divest TikTok's US business or face an outright ban in the country.

As part of the deal, ByteDance will retain a 19.9% stake in TikTok US, while U.S.-based investors, including managing investors Oracle, Silver Lake and MGX, will collectively own 80.1%.

In a social media post, Trump thanked President Xi Jinping for approving the deal.

"He could have gone the other way, but didn't, and is appreciated for his decision," Trump said.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2605642475?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-01-23 15:39","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2605642475","market":"sh","top_or_hot":-1,"title":"TikTok Seals Deal to Set Up US Venture","media":"MT Newswires Live","content":"<html><body><p> TikTok has reached a deal to establish a U.S.-based joint venture that would enable the short-video platform to continue operating in the country, the company announced in a Friday press release.</p><p>The company said the TikTok USDS Joint Venture will ensure securing \"U.S. user data, apps and the algorithm through comprehensive data privacy and cybersecurity measures\".</p><p>The deal satisfies the Protecting Americans from Foreign Adversary Controlled Applications Act signed into law by former US President Joe Biden, which requires its parent ByteDance to divest TikTok's US business or face an outright ban in the country.</p><p>As part of the deal, ByteDance will retain a 19.9% stake in TikTok US, while U.S.-based investors, including managing investors Oracle, <a href=\"https://laohu8.com/S/SLR.AU\">Silver Lake</a> and MGX, will collectively own 80.1%.</p><p>In a social media post, Trump thanked President Xi Jinping for approving the deal.</p><p>\"He could have gone the other way, but didn't, and is appreciated for his decision,\" Trump said.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>TikTok Seals Deal to Set Up US Venture</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTikTok Seals Deal to Set Up US Venture\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-01-23 15:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> TikTok has reached a deal to establish a U.S.-based joint venture that would enable the short-video platform to continue operating in the country, the company announced in a Friday press release.</p><p>The company said the TikTok USDS Joint Venture will ensure securing \"U.S. user data, apps and the algorithm through comprehensive data privacy and cybersecurity measures\".</p><p>The deal satisfies the Protecting Americans from Foreign Adversary Controlled Applications Act signed into law by former US President Joe Biden, which requires its parent ByteDance to divest TikTok's US business or face an outright ban in the country.</p><p>As part of the deal, ByteDance will retain a 19.9% stake in TikTok US, while U.S.-based investors, including managing investors Oracle, <a href=\"https://laohu8.com/S/SLR.AU\">Silver Lake</a> and MGX, will collectively own 80.1%.</p><p>In a social media post, Trump thanked President Xi Jinping for approving the deal.</p><p>\"He could have gone the other way, but didn't, and is appreciated for his decision,\" Trump said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2605642475","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2605642475","pubTimestamp":1769153976,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"TikTok has reached a deal to establish a U.S.-based joint venture that would enable the short-video platform to continue operating in the country, the company announced in a Friday press release.The company said the TikTok USDS Joint Venture will ensure securing \"U.S. user data, apps and the algorithm through comprehensive data privacy and cybersecurity measures\".The deal satisfies the Protecting Americans from Foreign Adversary Controlled Applications Act signed into law by former US President Joe Biden, which requires its parent ByteDance to divest TikTok's US business or face an outright ban in the country.As part of the deal, ByteDance will retain a 19.9% stake in TikTok US, while U.S.-based investors, including managing investors Oracle, Silver Lake and MGX, will collectively own 80.1%.In a social media post, Trump thanked President Xi Jinping for approving the deal.\"He could have gone the other way, but didn't, and is appreciated for his decision,\" Trump said.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"TikTok达成在美国设立合资企业的协议","themeId":"5252d029221d87c9013393859e54b250","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{},"content_text":"TikTok has reached a deal to establish a U.S.-based joint venture that would enable the short-video platform to continue operating in the country, the company announced in a Friday press release.The company said the TikTok USDS Joint Venture will ensure securing \"U.S. user data, apps and the algorithm through comprehensive data privacy and cybersecurity measures\".The deal satisfies the Protecting Americans from Foreign Adversary Controlled Applications Act signed into law by former US President Joe Biden, which requires its parent ByteDance to divest TikTok's US business or face an outright ban in the country.As part of the deal, ByteDance will retain a 19.9% stake in TikTok US, while U.S.-based investors, including managing investors Oracle, Silver Lake and MGX, will collectively own 80.1%.In a social media post, Trump thanked President Xi Jinping for approving the deal.\"He could have gone the other way, but didn't, and is appreciated for his decision,\" Trump said.","kind":"highlight","is_publish_news":false,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2605642475","isCrawlerRequest":true}