TikTok Says It Signed Agreements for New US Joint Venture

[BumRushDaShow]

Source: Bloomberg

December 18, 2025 at 5:26 PM EST
Updated on December 18, 2025 at 5:55 PM EST


TikTok Chief Executive Officer Shou Chew told employees that the social media company and its parent, ByteDance Ltd., signed binding agreements to create a US joint venture majority-owned by American investors.

In an internal memo reviewed by Bloomberg, Chew said he was “pleased to share some great news” and said agreements with Oracle Corp., Silver Lake and MGX have been signed. Chew gave a closing date of Jan. 22, 2026.

“Upon the closing, the US joint venture, built on the foundation of the current TikTok US Data Security (USDS) organization, will operate as an independent entity with authority over US data protection, algorithm security, content moderation and software assurance,” Chew said in the memo. Meanwhile, “TikTok global’s U.S. entities will manage global product interoperability and certain commercial activities, including e-commerce, advertising, and marketing,” he wrote.

The memo outlined a deal that matched what the White House announced in September, which was pending approval from China. Chew’s memo does not mention China’s opinion on the transaction. It says 50% of the investors will be new, with Oracle, Silver Lake and MGX, an Abu Dhabi-based investment company, retaining 15% each; 30.1% will be held by affiliates of certain existing investors of ByteDance; and 19.9% will be retained by ByteDance.

Read more: https://www.bloomberg.com/news/articles/2025-12-18/tiktok-says-it-signed-agreements-to-create-new-us-joint-venture?srnd=homepage-americas

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No paywall (gift)

[mahina]

1. Oh oh

[bronxiteforever]

2. All US power and money is stagnating

into a billionaire class that wants to make us serfs.

[underpants]

4. Or decide what to do with the useless eaters.

[NEOBuckeye]

7. France in the 1790s showed us the way.

All I need to say.

[RedWhiteBlueIsRacist]

3. Joint venture. Tik Tok & GOP?

[slightlv]

5. Yippers... both are professionals at gleaning all your data,

now they'll share and compare notes. Just to make sure one doesn't have more info than the other on someone in particular, or all of us in general. It'll all go into that great database trump is creating to track every move we make, every item we buy, and each word we say.

[Bengus81]

6. Data protection?? Oh bullshit...........

[muriel_volestrangler]

8. Well, that's nice for the Ellison Oracle Paramount Skydance CBS nexus

A bit of social media, with huge amounts of personal data to chew on and monetize, and algorithms to direct the viewing habits of the US public. And they didn't have to pay market rates, since the Ellisons' pal, Trump the Rapist, made sure ByteDance had to sell.

The article just talks about the US TikTok; so TikTok in the rest of the world remains under the previous ByteDance ownership? I wonder how "secure "this will really make TikTok in the US - the excuse provided for this forced sale?

[BumRushDaShow]

9. "Well, that's nice for the Ellison Oracle Paramount Skydance CBS nexus"

"Well, that's nice for the Ellison Oracle Paramount Skydance CBS AI nexus"

Fixed.

Oracle at Center of Tech’s $500 Billion AI-Fueled Rent Spree


By Brody Ford and Rose Henderson
December 17, 2025 at 7:50 AM EST

(snip)

Oracle has committed the most money to data center leases, inking some $150 billion worth in just the three months ending in November, bringing its total commitments to $248 billion. The company is embarking on a historic build-out of data centers to power the training and deployment of OpenAI’s latest models.

(snip)

The Oracle stock has been taking a hit because he is apparently overextended with this greedy overreach attempt.

Oracle's fall from grace has made it the poster child for AI-bubble excess

By Joe Ciolli
Dec 18, 2025, 6:01 AM ET

September 10, 2025 was one of the feel-good days of the year in markets.

At the center of the party was Oracle, the legacy tech company who stormed the gates of the AI trade with a blockbuster forecast for its cloud-infrastructure business.

Investors were so fired up about Oracle's AI guidance that they sent shares soaring as much as 43% that day. The company was briefly more valuable than JPMorgan. Larry Ellison overtook Elon Musk as the world's richest person — for a couple of hours at least. The S&P 500 finished the day at a record high. The vibes were immaculate.

Now, in retrospect, the whole ordeal feels like the overreaction of the year.

Oracle's stock is down 46% since that blissful high, and now sits with a positive return of just 7% for the year, roughly half of the S&P 500.

(snip)

A bunch in the business media are trying to pooh-pooh the problems and cite the TikTok deal as something that would offset the other losses.