US Operations
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TikTok Forms U.S. Joint Venture, Memo Reveals
TikTok established TikTok USDS Joint Venture LLC to address U.S. national security concerns and potential bans. This new entity is majority American-owned and governed, featuring a U.S. board and significant stakes held by American investors. Oracle will serve as the trusted security partner, housing U.S. user data and auditing the joint venture’s compliance. The move aims to ensure TikTok’s continued operation in the U.S. by safeguarding data, algorithms, and content.