Tags: Silver Lake

President Donald Trump signed an executive order that formalizes a plan to transfer TikTok's U.S. operations to an American‑controlled entity. The deal will give a coalition of U.S. investors—including Oracle, Silver Lake, MGX, Michael Dell and Rupert Murdoch—a majority stake, while ByteDance retains a 19.9% share. Valued at roughly $14 billion, the new structure keeps Oracle in charge of the app’s algorithm and data security. Lawmakers raised concerns about algorithm control, but Vice President JD Vance and the president emphasized that the arrangement meets legal requirements and will treat all content fairly. Ler mais

A potential deal to keep TikTok operating in the United States past the current deadline is moving forward. The arrangement would involve a consortium of U.S. firms, including Oracle, Silver Lake and Susquehanna International, taking control of the platform's American operations while ByteDance retains a minority board seat. The transition may be handled through an app update rather than a new download, but a new algorithm trained on fresh data is expected. Experts warn that technical hurdles and policy concerns could jeopardize the effort, leaving the platform's future in flux. Ler mais