— Topic
Silver Lake
2 briefings
TikTok
TikTok Finalizes Sale of US Operations to Oracle-Led Consortium, Avoiding Ban
The social media giant has signed a definitive agreement with Oracle, Silver Lake, and MGX to form a new US-controlled entity, with the deal expected to close in January 2026.
Dec 20, 2025
3 min read
TikTok
TikTok Secures Survival: New US Joint Venture with Oracle Finalized to Avert Ban
After a yearslong standoff, ByteDance signs a binding agreement with Oracle, Silver Lake, and MGX to form TikTok USDS Joint Venture LLC, keeping the app operational in America.
Dec 19, 2025
3 min read