Core Insights - TikTok has reached an agreement to transfer a significant portion of its U.S. operations to a group of American investors, concluding a prolonged conflict with the federal government [1][5] Group 1: Deal Structure - The new partnership is termed "TikTok USDS Joint Venture LLC," with major American investors including Oracle, Silverlake, and MGX, who will collectively own 45% of the U.S. operations [2] - ByteDance will retain a nearly 20% share in the new entity, which will manage the app's operations, including data protection and content moderation [2] - Oracle has been designated as the trusted security partner responsible for auditing compliance with national security terms upon completion of the transaction [2] Group 2: Timeline and Background - The deal is set to close on January 22, 2026 [3] - The arrangement reflects language from a previous executive order by President Trump, which also aimed to transfer TikTok's U.S. operations to American investors [4] - The U.S. government has consistently pushed for the separation of TikTok's U.S. business from its Chinese parent company, citing national security concerns [5]

Core Points - TikTok has signed a deal to sell its U.S. operations to an American-led investor group, ending a prolonged political and legal battle regarding national security concerns [1][5] - The transaction is set to close on January 22, 2026, with Oracle, Silver Lake, and Abu Dhabi-based MGX collectively owning 45% of TikTok's U.S. operations [2] - ByteDance, TikTok's parent company, will retain less than 20% ownership, while existing shareholders and global firms will account for the remainder, with ByteDance investors holding a 35% stake [8] Regulatory Context - The deal follows the enactment of the Protecting Americans from Foreign Adversary Controlled Applications Act (PAFACA), which mandates that apps like TikTok must be divested from foreign adversarial control to operate in the U.S. [11][12] - The law took effect on January 19, 2025, after surviving a Supreme Court challenge, allowing a 90-day extension for compliance [12] Historical Background - Initially, ByteDance resisted selling TikTok, and President Trump issued multiple extensions delaying the enforcement of the law [13][14] - Trump's administration played a significant role in facilitating the deal, emphasizing the need for cooperation with China for a successful transaction [8]

TikTok moved to end a years-long political and legal battle on Thursday as Chief Executive Officer (CEO) Shou Chew told staff the company signed a deal to sell its U.S. unit to an American-led investor group, with the transaction set to close in January, according to reports. Axios reported that the deal ends the years-long saga of forcing TikTok’s parent company, China-based ByteDance, to sell its operation in the U.S. to investors in the U.S., ultimately settling concerns about national security.The publi ...

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I realize what happened in the House with that discharge petition involves a unique tool in the House. Will John Thune be compelled to bring a similar extension back to the floor after what we just saw today. Well, I hope so, because what what you're talking about has happened in the House is based on the need of the American public.I think both Democrats and Republicans realize the American public is demanding that they still have affordable health care in this country. That includes those subsidies for en ...

I don't know what people think me and Cash are are doing all day. I mean, I gave up everything for this. I mean, you know, my my wife is struggling.I'm not a victim. I'm not Jim Comey. It's fine.I did this and I'm proud I did it. But if you think we're there for tea and crumpets, I mean, Cash is there all day. We share our offices are linked.He turns on the faucet. I hear it. He's there at I He gets in like six o'clock in the morning.He doesn't leave till 7 at night, you know. I'm in there at 7:30 in the mo ...

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President Trump advancing his economic agenda focused on growth, job creation, and working to bring down costs and the cost of living as the White House looks toward 2026 and the high stakes midterm election season. Vice President JD Vance in Pennsylvania yesterday, highlighting the president's achievements and progress on wages and investments, asking voters to stay the course as the policies take hold. I spoke with the Treasury Secretary Scott Bessent here on the program yesterday.He said the US is enteri ...

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