Oracle-Led Consortium to Control 80% of TikTok U.S. in Landmark Deal

A tentative agreement between the U.S. and China will allow TikTok to continue operating stateside, with Oracle, Silver Lake, and Andreessen Horowitz acquiring 80% of its U.S. operations. ByteDance's stake will shrink below 20% to meet national security requirements. The deal's final structure awaits confirmation during Friday's Trump-Xi meeting.

Oracle shares rose 1.5% on the news, extending gains after hours. President TRUMP extended the TikTok ban deadline to December 2025, though approval from both leaders could accelerate the timeline. Treasury Secretary Bessent confirmed the arrangement aligns with earlier proposals mandating non-Chinese ownership of TikTok's U.S. assets.

ByteDance is already testing a segregated U.S. version of TikTok, which will become the default platform for American users post-transition. Oracle's ongoing involvement signals its expanding role in securing sensitive user data amid geopolitical tensions.