TikTok has signed a deal to sell its U.S. business to three American investors — Oracle, Silver Lake, and MGX — allowing the platform to continue operating in the United States. The deal is expected to close on January 22. The new joint venture will be 50% held by new investors, with Oracle, Silver Lake, and Abu Dhabi-based MGX holding 15% each, while ByteDance retains 19.9%. Oracle, co-founded by Donald Trump supporter Larry Ellison, will license TikTok’s recommendation algorithm. Democratic Senator Elizabeth Warren criticized the deal, stating Trump wants to hand over “even more control of what you watch to his billionaire buddies.”