TikTok Secures U.S. Future with New Joint Venture: Oracle, Silver Lake, and MGX InvestTikTok has formed a new joint venture to ensure its continued operation in the United States, following agreements with Oracle, Silver Lake, and MGX. The platform will maintain its presence for its millions of American users, with the deal set to finalize on January twenty-second.Under the new structure, Oracle, Silver Lake, and MGX will collectively own half of the new TikTok U.S. venture, with each holding a fifteen percent share. ByteDance, TikToks original parent company, will retain a nineteen point nine percent stake, and affiliates of existing ByteDance investors will hold another thirty point one percent.The new arrangement addresses national security concerns by storing U.S. user data locally and managed by Oracle, and retraining the algorithm using only U.S. user data. A majority-American board of directors will oversee content moderation and policies within the country. This development follows previous legislative efforts and executive orders aiming to either ban or force a sale of TikTok in the U.S.

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