January 24, 2026
In a press release, the company announced the establishment of a new entity under the name: “TikTok USDS Joint Venture LLC,” based on the executive order issued by US President Donald Trump on September 25, 2025.
The company explained that the goal of this new initiative is to provide superior protection for user data in the United States, in addition to securing algorithms and programs, and maintaining the integrity of the environment for American content.
The press release also stated that the main investors in the new company are: Silver Lake, Oracle, and MGX, each of which owns 15% of the shares. While ByteDance maintains a 19.9% stake in this joint venture. Other investors are also participating, such as: Susquehanna, Dragoneer, DFO, the family office of Dell Chairman Michael Dell, and others.
Adam Presser, who previously worked at TikTok USDS, TikTok and Booz Allen Hamilton, has been named CEO of the company.
The board is made up mostly of American members, including representatives from TPG Global, Susquehanna International Group, Silver Lake, DXC Technology, Oracle and MGX, the statement said.
According to analytics company Sensor Tower, the “Tik Tok” application topped the list of the most downloaded applications in the United States during 2021 and 2022. The TikTok application is currently used by approximately 170 million American citizens, equivalent to approximately half of the population. (Russia Today)
