The TikTok US deal is a major development in the ongoing US-China tech discussions. Announced on September 17, 2025, the deal secures TikTok’s presence in America. After years of concerns over national security, a US-based group led by Oracle, Andreessen Horowitz, and Silver Lake will oversee the platform’s operations. President Donald Trump and Chinese President Xi Jinping are set to finalize the agreement on Friday, clearing the path for a significant tech acquisition.
Key Details of the TikTok US Deal
The TikTok US deal addresses concerns about ByteDance’s Chinese ownership. A new US-based entity will manage TikTok’s operations, with American investors holding an 80% stake. Chinese shareholders retain 20%. The deal follows a 2024 law signed by Joe Biden, requiring ByteDance to divest or face a ban. Trump extended the deadline multiple times, most recently to December 16, 2025. Here are the key points:
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- Ownership: 80% US investors (Oracle, Andreessen Horowitz, Silver Lake), 20% Chinese shareholders
- Board: Majority-US board with one Trump administration appointee
- Data Management: Oracle to handle US user data via Texas facilities
- New App: US users must switch to a new TikTok app
- Deadline: Extended to December 16, 2025
- Talks: Trump and Xi to finalize terms on Friday
US Treasury Secretary Scott Bessent credits Trump’s leadership for the deal’s progress after talks in Madrid. China’s trade negotiator Li Chenggang calls it a “hard-won” consensus but warns against suppressing Chinese firms. Oracle emerges as a key player, leveraging its role as TikTok’s US cloud provider. Other bidders, like Frank McCourt’s group, face challenges due to high costs and exclusion of TikTok’s algorithm. The TikTok US deal, serving 170 million American users, hinges on final approval. It could reshape US-China tech relations and secure TikTok’s future.
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