170 million Americans were at risk of losing their favorite app, but a major deal between Washington and Beijing is now close to saving TikTok! The details reveal a powerful alliance led by U.S. tech giants like Oracle, with promises to protect user data and launch a new version with locally developed algorithms.
Reports indicate that negotiations between the United States and China over TikTok’s future have made significant progress, with an agreement taking shape to establish a new U.S.-based entity to operate the app.
-
U.S. investors will acquire 80% of the shares, while Chinese shareholders will retain 20%.
-
The American-led alliance includes major companies such as Oracle, Silver Lake, Andreessen Horowitz, along with current ByteDance investors like KKR and General Atlantic.
-
The new entity’s board of directors will have a U.S. majority, with a dedicated seat for the U.S. government.
-
American user data will be managed through Oracle data centers in Texas, while recommendation algorithms will be developed locally under license from ByteDance.
U.S. President Donald Trump confirmed a preliminary agreement, stating that he would discuss final details with Chinese President Xi Jinping. Meanwhile, Beijing has shown more flexibility, allowing licensing of algorithms instead of giving them up entirely.
The deal is still under review, with global attention focused on its outcome—especially since TikTok has become an integral part of daily life for millions of Americans.
