DEVELOPING: TikTok Deal Secured, U.S. Joint Venture Formed Without Government Stake

BREAKING NEWS TikTok Deal Secured: U.S.-China Joint Venture Formed Without Government Stake September 22, 2025 - A new joint venture between TikTok and investors including Oracle and Silverlake has been formed to take control of the popular short video app. The deal, announced today, meets both US and Chinese law requirements. The US government will not have a stake or seat on the board of the new venture. Instead, Oracle will serve as the company's "security provider," overseeing key aspects of the app's functionality. A copy of TikTok's content recommendation algorithm will be transferred to the new venture, which will then re-train it using US data. This deal comes after months of negotiations between the US and Chinese governments over concerns about data security and censorship. The compromise marks a significant development in the complex relationship between the two nations. The joint venture is expected to have an immediate impact on TikTok's operations in the US, with changes likely to be implemented in the coming weeks. Further details on the deal are expected to emerge in the coming days. This is a developing story and will be updated as more information becomes available. *This is a developing story. Updates will be provided as more information becomes available. Based on reporting from Npr.*