TikTok has established a joint venture in the U.S. called TikTok USDS, led by Adam Presser as CEO. The partnership aims to address national security concerns by implementing data protections and will operate under a board with a majority of American members. ByteDance retains a minority stake while the app's key algorithm will be managed in Oracle's data centers.

TikTok CEO Shou Zi Chew announced a new joint venture for U.S. operations, named TikTok USDS Joint Venture LLC, with Oracle, Silver Lake, and MGX as managing investors. This move follows a national security law requiring the divestiture of TikTok's U.S. business, aiming to protect American data and ensure compliance with national security standards.