Deal Structure and Ownership Percentages Outline TikTok signed agreements with Oracle, private‑equity firm Silver Lake and Emirati investor MGX to create a new U.S. joint venture that will control the platform’s American operations [1][2][3][4]. The venture will be 50 % owned by the Oracle‑Silver Lake‑MGX consortium, while affiliates of ByteDance investors hold just over 30 % and ByteDance itself retains 19.9 % [2][1]. The ownership mix gives the investors a controlling stake and limits any single foreign shareholder to below the 20 % threshold that triggered earlier ban threats [1][3].

Leadership Team and Board Composition Confirmed Adam Presser, TikTok’s former head of operations and trust‑and‑safety, will serve as chief executive of the new entity [1][3][4]. A seven‑member board, majority American, will include TikTok CEO Shou Chew and will be supported by chief security officer Will Farrell, as disclosed by the company [2][4]. The board’s composition is designed to satisfy U.S. regulatory expectations while preserving a link to ByteDance’s senior management [1][2].

National‑Security Safeguards Centered on Data and Algorithm The joint venture will store all U.S. user data on servers managed by Oracle, keeping it on American soil [1][2][3]. ByteDance will license its recommendation algorithm to the venture, which must retrain the model exclusively on U.S. data under Oracle oversight [1][2]. Additional safeguards cover content‑moderation processes, software integrity checks and regular audits to address lawmakers’ security concerns [2][4].

Political Endorsements Mark End of Ban Threat President Donald Trump posted on Truth Social thanking Chinese President Xi Jinping for allowing the agreement, framing the deal as a diplomatic win [1][2]. The arrangement resolves years of congressional and executive pressure that had threatened to ban TikTok unless a U.S.‑based owner was found [3][4]. By finalizing the joint venture before the extended deadline, TikTok avoids a forced shutdown and secures its continued presence for American users [1][3].

ByteDance Retains Limited Global Functions While control of U.S. data shifts to the venture, ByteDance will continue to manage e‑commerce, advertising and broader marketing on the platform worldwide [2][1]. The licensing deal lets the JV use the core algorithm but leaves global product development and monetization under ByteDance’s purview [1][2]. This split aims to balance U.S. security demands with ByteDance’s commercial interests across other markets [4][3].