TikTok closes deal to split US app from global business. Here’s what to know
JAN 22 - TikTok announced on Thursday that it has finalised a deal that will allow the hugely popular short-video app to continue operating in the US. The Kenya breaking news | Kenya news today |..
✨ Key Highlights
TikTok has finalized a deal to separate its US operations from its global business, ensuring the popular app can continue operating in the United States. This development concludes a multi-year dispute between Washington and Beijing over national security concerns regarding user data.
- A new independent entity, TikTok USDS Joint Venture LLC, will secure US user data, apps, and algorithms.
- The joint venture will be majority-owned by US investors, with Oracle, Silver Lake, and MGX each holding a 15% stake, and ByteDance retaining 19.9%.
- The app's influential algorithm will be retrained using only US user data and secured within Oracle's US cloud environment, potentially leading to a different user experience for American users.
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TikTok Finalizes US Deal as Australia Bans Under-16 Social Media Users - January 2026
TikTok has finalized a deal to separate its US operations from its global business, which concludes a multi-year dispute between Washington and Beijing over national security concerns. This deal allows the popular app to continue operating in the United States, securing its future for its 200 million American users as a new entity takes over operations. In separate regulatory action, social media companies are complying with Australia's landmark ban preventing users under 16 from having accounts. According to Australia's eSafety Commissioner Julie Inman Grant, the policy was implemented in December. The move has already resulted in the shutdown of 4.7 million child accounts.
