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Social media platform TikTok announces a deal to sell 80.1% of its United States-based assets to a consortium

Restrictions on TikTok in the United States — Social media platform TikTok announces a deal to sell 80.1% of its United States-based assets to a consortium of companies, including Oracle, Silver Lake, MGX, and existing ByteDan

Published December 19, 2025· Updated October 28, 2026·1 min read

Context: Restrictions on TikTok in the United States.

Social media platform TikTok announces a deal to sell 80.1% of its United States-based assets to a consortium of companies, including Oracle, Silver Lake, MGX, and existing ByteDance investors, to avoid a ban in the US. [https://www.dw.com/en/tiktok-us-deal/a-75234707 (DW)]

Event summary via Wikipedia Current Events (2025-12-19).