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TikTok seals deal to create US venture with Oracle, Silver Lake

Forced spin-out establishes a template for managing Chinese apps with massive US user bases.

TikTok seals deal to create US venture with Oracle, Silver Lake
A person holds a smartphone displaying the TikTok logo in front of the Truth Social profile page of U.S. President Donald Trump, on January 23, 2026, in Chongqing, China. Image: Getty Images

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