Trump's TikTok deal: Oracle and Silver Lake to lead US takeover of TikTok; all you need to know - b e news

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Trump's TikTok deal: Oracle and Silver Lake to lead US takeover of TikTok; all you need to know

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In September 2025, President Trump approved a deal allowing TikTok to operate in the US under American management, satisfying a 2024 national security law. Oracle, Silver Lake, and MGX will hold 45% ownership, with ByteDance retaining a minority stake. This move addresses data privacy concerns while keeping the popular app accessible, balancing security, economic interests, and diplomacy.

source https://timesofindia.indiatimes.com/world/us/trumps-tiktok-deal-oracle-and-silver-lake-to-lead-us-takeover-of-tiktok-all-you-need-to-know/articleshow/124153725.cms

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