Finally, TikTok has made sales arrangement, according to the rundown tech!

 

TIKTOK
Image source: Ideogram / The Rundown

The Rundown: TikTok has officially signed a deal to sell its U.S. operations to Oracle, Silver Lake, and UAE-backed MGX, closing January 22 and ending years of legal limbo over the bipartisan ban.

The details:

  • Oracle, Silver Lake, and MGX will each own 15% stakes, with ByteDance retaining 20% and another 30% held by affiliates of ByteDance investors.

  • The new venture gets a majority-U.S. board, with user data stored locally in Oracle’s systems.

  • The algorithm will also be retrained on U.S. data to keep feeds “free from outside manipulation.”

  • Trump signed four executive orders total this year to delay the ban while negotiating, even as the White House launched its own TikTok account.

Why it matters: This ends years of legal limbo after a divest-or-ban order nearly killed the app. TikTok briefly went dark in January 2025 before Trump started brokering a deal. Byte Dance still owns the underlying algorithm, but U.S. auditors have signed off on the arrangement, betting that American oversight of operations and data is enough.

Thanks for reading,

Tim.


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