TikTok finalized a deal with US investors, securing a 80% ownership stake for American entities just before a potential ban deadline. ByteDance will retain a 20% share. The new joint venture includes Oracle, Silver Lake, and MGX, each receiving a 15% stake, effectively ending years of national security scrutiny.

The arrangement promises to keep American users' data on US-based servers, with Oracle handling hosting and content moderation. This structure aims to address persistent concerns about Chinese ownership and algorithmic influence. The deal also covers CapCut and Lemon8, ensuring operational continuity for these related apps under the new governance.

Shou Zi Chew will continue as CEO, but oversight shifts to a seven-member board dominated by US representatives. This outcome follows prolonged negotiations and repeated deadline extensions. The move likely stabilizes TikTok's US operations, but questions remain about long-term data governance and the platform's global interoperability.