Oracle, Silver Lake, MGX to be main investors in TikTok U.S. with 45% ownership, CNBC reports
The deal transfers TikTok’s U.S. operations to American investors including Oracle, Silver Lake, and MGX, covering 170 million users and addressing national security concerns.
- Thursday's executive order from President Donald Trump recognizes a sale framework for TikTok U.S., with officials extending the enforcement pause until December 16, 2025.
- Driven by a 2024 law signed by President Joe Biden, ByteDance must divest U.S. TikTok assets or face a nationwide ban amid bipartisan security concerns.
- According to CNBC and Reuters, Oracle, Silver Lake, and MGX will control roughly 45% of TikTok U.S., with ByteDance holding less than 20%, and a seven-member board featuring six American appointees.
- The move affects about 170 million U.S. users, and Oracle will oversee U.S. data and algorithm security to address national security concerns.
- Facing CFIUS review, the deal's structure may still evolve as officials extended the pause until December 17, 2025, and leaders plan talks at the APEC Summit next month.
106 Articles
106 Articles
Dubai Royal-Backed Fund MGX Buys 15% of TikTok U.S. Business in Major Stake Deal: Report
MGX, a fund backed by Dubai’s ruling family, will take a 15% stake in TikTok’s U.S. business as part of a restructuring meant to increase American control of the popular video app, the Washington Post reported Friday.The investment, led by Sheikh Tahnoon bin Zayed Al Nahyan, brings MGX into a partnership with Oracle, the database giant co-founded by Larry Ellison. Together, the two will hold roughly 45% of TikTok’s U.S. entity. With other U.S. i…
Vance Says TikTok Valued At $14 Billion As President Signs Deal
By Elizabeth Troutman Mitchell, The Daily Signal | September 25, 2025 President Donald Trump signed a deal to save TikTok, which Vice President JD Vance said values the business at $14 billion. “The company will be valued around $14 billion. We actually think this is a good deal for investors,” Vance said, “but ultimately the investors are going to make the determination about what they want to invest in and what they think is proper value.”Ente…
US President Donald Trump has signed an executive order triggering the sale of TikTok's American branch. Chinese parent company ByteDance is required to sell its US operations to American and international investors. If this doesn't happen, the app will go dark in the US starting January 20th. Five questions.
TikTok sold for $14B: Oracle, Silver Lake, and MGX to take control - Tech Startups
After years of uncertainty, TikTok now has a path forward in the U.S. President Donald Trump has signed an executive order approving a $14 billion deal that will reshape ownership of the app and secure its future in America. According […] The post TikTok sold for $14B: Oracle, Silver Lake, and MGX to take control first appeared on Tech Startups.
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