After years of tension, TikTok’s parent company, ByteDance, signed a historic deal on Thursday, December 18, 2025, to sell a controlling stake of its US operations. This agreement prevents a nationwide ban and places the platform under majority American control, creating TikTok USDS Joint Venture LLC.

• A consortium led by Oracle and Silver Lake will acquire a 50% stake, with each holding 15%.
• The deal was brokered under the Trump administration and implements security measures through Oracle, which will host US user data and license the app's algorithm.
• ByteDance will retain a 19.9% non-controlling stake, while affiliates of its existing international investors will hold 30.1%.