TikTok USDS Joint Venture LLC Established in Compliance with U.S. Regulatory Requirements
This primary source from TikTok USDS Joint Venture LLC via Silver Lake supports 3 claims across 2 ledger entries.
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TechCrunch identified Larry Ellison, whose Trump ties it also noted, as Oracle's co-founder, executive chair, and chief technology officer; Oracle received a 15% managing stake and the trusted-security-partner role in the U.S. TikTok venture created under Trump's order.
Oracle 15% managing stake and trusted security partnerTikTok U.S. venture established with three 15% managing investors · Joint venture established · reviewed 2026-09-03
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TikTok USDS Joint Venture LLC announced its establishment under Trump's September 2025 order with Oracle, Silver Lake, and MGX each holding 15% as managing investors and ByteDance retaining 19.9%; a seven-member majority-American board governed the independent entity.
Establishment, board, and ownership structure, lines 7-31TikTok U.S. venture established with three 15% managing investors · Joint venture established · reviewed 2026-09-03
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At establishment under Trump's order, the TikTok U.S. venture said it would retrain, test, and update the recommendation algorithm, control trust-and-safety and content-moderation decisions, and protect U.S. data in Oracle's cloud; Oracle would assist ongoing source-code review, while TikTok global's U.S. entities retained e-commerce, advertising, marketing, and interoperability functions.
Data, algorithm, software, moderation, and interoperability responsibilities, lines 8-16TikTok venture split moderation, algorithm, security, and commercial authority · Operational responsibilities announced at establishment · reviewed 2026-09-03