TikTok US Sold to Oracle, Silver Lake, MGX
Update: 2025-12-18
Description
TikToks US Operations Sold to American Investors: A New Era of Data Security and Local ControlTikTok has finalized a deal to sell its US operations to a consortium of American investors, including Oracle, Silver Lake, and MGX. This move ensures the platforms continued operation in the US. The new joint venture will have a majority-American board and prioritize data security and national security interests. All US user data will be stored locally and managed by Oracles systems, and TikToks algorithm will be retrained using only US data. The venture will also handle content moderation and policy within the US.
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