Dec. 19, 2025, 6 a.m.
American investors, led by Oracle, take control of TikTok in $14 billion deal to avert U.S. ban
TikTok signs binding deal to create a new U.S.-led joint venture. American investors will own 80.1% of the new independent entity. Oracle will act as the trusted security partner for U.S. user data. The agreement aims to comply with U.S. law and avert a ban. …
American investors, led by Oracle, take control of TikTok in $14 billion deal to avert U.S. ban
TikTok signs binding deal to create a new U.S.-led joint venture. American investors will own 80.1% of the new independent entity. Oracle will act as the trusted security partner for U.S. user data. The agreement aims to comply with U.S. law and avert a ban. …