一图看懂TikTok美国新方案：合资公司仅负责数据安全，从“云上贵州”到“云上得州”

Core Points - The new operational plan for TikTok in the U.S. has been approved by President Trump, ensuring its continued operation in compliance with U.S. laws [1] - A joint venture named "TikTok USDS Joint Venture" will handle data and content security, valued at $14 billion, while TikTok's overall U.S. business is valued at approximately $40 billion [1][3] - ByteDance will retain 19.9% ownership in the joint venture, with new investors holding 50% and existing global shareholders holding 30.1% [3] Group 1: Operational Structure - The operational plan involves two main entities: "BD TikTok US," which is fully owned by ByteDance and handles commercial activities, and the "TikTok USDS Joint Venture," which focuses on data and content security [2][3] - The joint venture will be responsible for significant operational costs related to data security and content moderation, which are essential for compliance with U.S. regulations [4] Group 2: Revenue Sharing and Business Model - A revenue-sharing mechanism will be established between the two entities to ensure the joint venture's operational sustainability, as data and content security services are non-profit in nature [4] - The operational model resembles Apple's "Cloud on Guizhou" strategy in China, with TikTok's data security services being managed by Oracle, based in Texas, referred to as "Cloud on Texas" [4] Group 3: Regulatory Context - The agreement reflects a broader trend where foreign companies are required to adopt "trustee operation" models in response to local regulatory demands, a shift from previous practices where foreign firms faced such requirements primarily in China [6][7] - This operational model is becoming common in various sectors, as seen with other tech companies like Microsoft and Apple, which have established similar arrangements to comply with local laws [5]