ByteDance Restructures TikTok U.S. Ownership, Brings in Oracle, Silver Lake & MGX
TikTok’s parent company, ByteDance, will restructure the ownership of TikTok’s U.S. operations with Oracle, Silver Lake and MGX as US shareholders. The move aimed at addressing long-standing national security concerns raised by U.S. lawmakers and regulators, is expected to close on January 22 and will establish a new U.S.-based joint…
bubmagDecember 19, 2025