{"id":104117,"date":"2026-01-25T16:30:10","date_gmt":"2026-01-25T16:30:10","guid":{"rendered":"https:\/\/pakistaninewspaperlist.com\/news\/tiktok-seals-deal-for-new-us-joint-venture-to-avoid-american-ban-the-express-tribune\/"},"modified":"2026-01-25T16:30:10","modified_gmt":"2026-01-25T16:30:10","slug":"tiktok-seals-deal-for-new-us-joint-venture-to-avoid-american-ban-the-express-tribune","status":"publish","type":"post","link":"https:\/\/pakistaninewspaperlist.com\/news\/tiktok-seals-deal-for-new-us-joint-venture-to-avoid-american-ban-the-express-tribune\/","title":{"rendered":"TikTok seals deal for new US joint venture to avoid American ban | The Express Tribune"},"content":{"rendered":"

Deal marks milestone for TikTok after political battles since Aug 2020 Trump ban push<\/p>\n

TikTok logo is displayed outside its office in Culver City, California. Photo: AFP <\/p>\n

\n

TikTok\u2019s Chinese owner ByteDance said on Thursday it has finalised a deal to establish a majority American-owned joint venture to secure US user data, avoiding a potential ban of the short-video app used by more than 200 million Americans.<\/p>\n

The agreement marks a milestone for TikTok after years of political and legal battles<\/a> that began in August 2020, when President Donald Trump sought to ban the app over national security concerns.<\/p>\n

Trump later opted not to enforce a law passed in April 2024 requiring ByteDance to sell its US assets by January 2025 or face a ban, a measure that was upheld by the Supreme Court.<\/p>\n

ByteDance said the new entity, TikTok USDS Joint Venture<\/a> LLC, will secure US user data, apps and algorithms through enhanced data privacy and cybersecurity protections. The company disclosed few details about the divestiture.<\/p>\n

Read More:<\/strong> TikTok removes 28m Pakistan videos in Q3<\/a><\/p>\n

Trump praised the deal in a social media post, saying TikTok \u201cwill now be owned by a group of great American patriots and investors, the biggest in the world\u201d.<\/p>\n

He also thanked Chinese President Xi Jinping \u201cfor working with us and, ultimately, approving the deal\u201d.<\/p>\n

Under the agreement, American and global investors will hold 80.1% of the venture, while ByteDance will retain a 19.9% stake.<\/p>\n

The joint venture\u2019s three managing investors \u2014 cloud computing company Oracle, private equity firm Silver Lake and Abu Dhabi-based investment firm MGX \u2014 will each hold 15%.<\/p>\n

A White House official told Reuters<\/em> that both the US and Chinese governments had signed off on the deal. The Chinese Embassy in Washington did not immediately comment.<\/p>\n

Trump said last year the agreement met the divestiture requirements under the 2024 law. The White House said in September that the venture would operate TikTok\u2019s US app, though key elements of the business relationship between ByteDance and the venture have not been disclosed.<\/p>\n

Trump has more than 16 million followers on his personal TikTok account and has credited the app with helping him win reelection. The White House launched an official TikTok account in August.<\/p>\n

TikTok said additional investors in the venture include Dell Family Office, Vastmere Strategic Investments, Alpha Wave Partners, Revolution, Merritt Way, Via Nova, Virgo LI and NJJ Capital.<\/p>\n

Former TikTok USDS executives Adam Presser and Will Farrell have been appointed chief executive officer and chief security officer, respectively. TikTok CEO Shou Chew was also named to the venture\u2019s board.<\/p>\n

The joint venture will retrain, test and update TikTok\u2019s content recommendation algorithm using US user data, with the algorithm secured in Oracle\u2019s US-based cloud infrastructure.<\/p>\n

In September, Reuters<\/em> reported that ByteDance would maintain ownership of TikTok\u2019s US business operations while ceding control of the app\u2019s data, content and algorithm to the joint venture.<\/p>\n

The venture will serve as backend operations for the US company<\/a>, handling user data and algorithms, while a separate ByteDance-owned unit will control revenue-generating operations such as advertising and e-commerce, the sources said.<\/p>\n

The new venture will receive a portion of revenue for its technology and data services, they added.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Deal marks milestone for TikTok after political battles since Aug 2020 Trump ban push TikTok logo is displayed outside its office in Culver City, California. Photo: AFP TikTok\u2019s Chinese owner ByteDance said on Thursday it has finalised a deal to establish a majority American-owned joint venture to secure US user data, avoiding a potential ban […]<\/p>\n","protected":false},"author":2,"featured_media":104118,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/i.tribune.com.pk\/media\/images\/tiktok1766071864-0\/tiktok1766071864-0-640x480.webp","fifu_image_alt":"","footnotes":""},"categories":[8],"tags":[],"class_list":["post-104117","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts\/104117","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/comments?post=104117"}],"version-history":[{"count":0,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts\/104117\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/media\/104118"}],"wp:attachment":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/media?parent=104117"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/categories?post=104117"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/tags?post=104117"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}