Pins matching tag:"Silver Lake"

ByteDance and TikTok signed binding agreements to form TikTok USDS Joint Venture LLC, with Oracle, Silver Lake and MGX holding 15% each and ByteDance keeping 19.9%, due to close on 22 January 2026.

The US-majority TikTok USDS Joint Venture LLC was established, taking over TikTok's US data, algorithm and moderation, with US user data and the algorithm secured in Oracle's US cloud.