TikTok is finally going to be America-ready

Watch TikTok is finally going to be America-ready - Rizzle on Dailymotion

Transcript

00:00TikTok is finally going to be America-ready.

00:03After political side-eye, legal threats, and security talk,

00:07TikTok has moved to hand over a big chunk of its American business to American investors.

00:12An internal memo from Shochu, CEO of ByteDance,

00:16says the deal creates a shiny new entity called TikTok, USDS, Joint Venture LLC.

00:23Yes, that name sounds like it was generated by a corporate acronym bot,

00:26but the implications are very real.

00:28The memo, viewed by TechCrunch, calls it a new TikTok-US joint venture.

00:33Executive speak for please stop asking us to sell.

00:37It also says major American investors will take substantial control of TikTok's US operations.

00:43That group includes cloud-heavyweight Oracle, private equity firm Silverlake,

00:47and AI-focused investment firm MGX.

00:51Together, they'll own 45% of TikTok's US business,

00:54while ByteDance keeps just under 20%, meaning TikTok remains in the family,

00:58just supervised very closely.

01:01The new joint venture will oversee everything regulators worry about most,

01:05including data protection, algorithm security, content moderation, and software assurance.

01:10Oracle will play Hall Monitor as the trusted security partner responsible for auditing and

01:14validating compliance with US national security terms.

01:18The deal is expected to close on January 22, 2026,

01:23and the arrangement closely mirrors language from an executive order signed by Donald Trump in September

01:28that outlines a blueprint for TikTok's US divorce from China.

01:32CNBC had previously reported that Oracle, Silverlake, and MGX were likely to be involved,

01:37but this is the first time ByteDance has confirmed the details.

01:42First reported by Axios, the news marks the end of a long saga in which the US government

01:47argued TikTok posed a national security risk due to Chinese ownership.

01:51For now, TikTok stays online, Americans keep scrolling,

01:55and the app finally accepts long-debated US oversight.

02:07For now, it's the first time ByteDance is the first time ByteDance is the first time ByteDance.