By Jill Goldsmith
Publication Date: 2026-01-23 00:58:00
TikTok today announced a long-awaited deal for a majority American-owned joint venture that will “operate under defined safeguards that protect national security through comprehensive data protection, algorithm security, content moderation and software guarantees for U.S. users.”
The hugely popular social video-sharing app also announced that it has more than 200 million users in the US.
The JV, built on the foundation of what the partners call the TikTok US Data Security (USDS) organization, will operate as an independent entity and be governed by a seven-member, majority American board that includes CEO Shou Chew, Silver Lake co-CEO Egon Durbin and representatives from Oracle, TPG, Susquehanna International Group, DXC Technology and MGX.
Oracle’s ownership is of particular interest to Hollywood because founder and co-CEO Larry Ellison is the largest investor in Paramount Skydance, which is run by his son David Ellison and is currently pursuing Warner…
