TikTok officially announces the US plan, with two companies jointly operating, and ByteDance retaining the algorithm intellectual property rights

GateNews

2026-01-23 00:52:35

PANews January 23 News, according to Yicai, TikTok announced the establishment of TikTok US Data Security Joint Venture LLC. The joint venture will be responsible for data protection, algorithm security, content review, and software support for TikTok in the United States. The announcement mentioned that in the TikTok US Data Security Joint Venture, ByteDance, Silver Lake Capital, and MGX each hold a 15% stake. Other investors include Vastmere Strategic Investment Limited, an affiliate of Haina International Group, Alpha Wave Partners, and several other companies. ByteDance retains a 19.9% stake and remains the largest single shareholder of the joint venture. The joint venture will also be managed by a seven-member board of directors, including TikTok CEO Zhou Shouzi.

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