By Lola Murti
Publication Date: 2026-03-11 19:15:00
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Nearly two months after TikTok’s US operations officially fell into the hands of an investor group, oracle announced its stake in the joint venture worth approximately $2 billion.
In its quarterly Financial records On Wednesday, Oracle said it recorded $2.2 billion in “non-marketable debt, equity securities and related instruments” for the period ended Feb. 28.
The “significant majority” of non-marketable investments were in TikTok USDS Joint Venture LLCthe file says.
A national security law signed by former President Joe Biden In 2024, the Chinese company ByteDance had to sell TikTok’s US operations or face a nationwide ban.
President Donald Trump signed Implementing regulation Approval of divestment of ByteDance in September. Vice President JD Vance said the company was valued at $14 billion.
In January, Adam Presser was named CEO of the new TikTok USDS joint venture. oracle, silver lake, Abu Dhabi‘s MGX and a group of other investors…
