【BlockBeats】TikTok officially announced the establishment of a US data security joint venture LLC (TikTok USDS Joint Venture LLC) on January 23. This new company will independently handle data protection, algorithm transparency management, content review mechanisms, and platform software security maintenance for TikTok in the United States.
The management of the joint venture consists of three investors—Silver Lake, Oracle, and MGX—each holding a 15% stake. In addition, there are multiple investment institutions involved, including Dell Family Office, Vastmere Strategic Investments, Alpha Wave Partners, and Revolution. Notably, ByteDance retains a 19.9% stake in the joint venture, continuing to hold significant influence.
This restructuring reflects TikTok’s strategic emphasis on data security and algorithm governance. By introducing several internationally renowned investors, it aims to enhance its ability to adapt to regulatory oversight in the US market.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
17 Likes
Reward
17
7
Repost
Share
Comment
0/400
NotFinancialAdviser
· 01-23 08:06
It's the same cooperation plan again. Honestly, it's probably just to shut up the Americans.
View OriginalReply0
SnapshotStriker
· 01-23 08:04
Listen, isn't this just a smokescreen? Do you really think setting up an empty shell company can dispel political doubts?
View OriginalReply0
SatsStacking
· 01-23 08:03
Coming with this again? Just trying to fool the US government, huh?
View OriginalReply0
LidoStakeAddict
· 01-23 08:03
Coming back with this again? Basically, it's just the US wanting a nominal control.
View OriginalReply0
FloorSweeper
· 01-23 08:02
lol they're really doing the whole "separate entity" theater now... classic capitulation move when the heat's on. oracle + silver lake babysitting tiktok's data? nah, this is just window dressing for the feds tbh. watch the real accumulation happen behind closed doors while normies think this changes anything
Reply0
StablecoinAnxiety
· 01-23 08:02
Another joint venture script, each party with 15%, so what about the remaining 55%? Do I have to do the math?
View OriginalReply0
FloorPriceWatcher
· 01-23 07:43
Ha, it's the same old trick again. Oracle and Silver Lake teaming up to play with data security? I don't buy it.
TikTok US establishes a data security joint venture, with Silver Lake, Oracle, and MGX each holding a 15% stake
【BlockBeats】TikTok officially announced the establishment of a US data security joint venture LLC (TikTok USDS Joint Venture LLC) on January 23. This new company will independently handle data protection, algorithm transparency management, content review mechanisms, and platform software security maintenance for TikTok in the United States.
The management of the joint venture consists of three investors—Silver Lake, Oracle, and MGX—each holding a 15% stake. In addition, there are multiple investment institutions involved, including Dell Family Office, Vastmere Strategic Investments, Alpha Wave Partners, and Revolution. Notably, ByteDance retains a 19.9% stake in the joint venture, continuing to hold significant influence.
This restructuring reflects TikTok’s strategic emphasis on data security and algorithm governance. By introducing several internationally renowned investors, it aims to enhance its ability to adapt to regulatory oversight in the US market.