Affiliates of existing China ByteDance investors will hold a 30.1% stake, while ByteDance itself will retain a 19.9% stake. Although this reduces ByteDance’s direct influence, it stops short of a full divestment—an issue that has long concerned U.S. lawmakers.
Oracle’s role was welcomed by investors. Shares of Oracle (ORCL) jumped more than 5% in after-hours trading following the news and continued to rise in pre-market trading, reflecting optimism around the company’s expanding footprint in cloud infrastructure and U.S. data security.
More on Oracle’s cloud business can be found on its official site: https://www.oracle.com/cloud/
Related video: TikTok reaches deal to avert US ban with 80% asset sale
U.S. Control and Governance Create TikTok Structure
Once finalized, TikTok U.S. will operate as an independent company with authority over U.S. user data, content moderation, and platform security. Oversight will come from a seven-member board, with a majority of American directors, aligning the structure with U.S. national security requirements.
