TikTok averted a US ban on 18 Dec 2025 by forming a joint venture with American investors Oracle, Silver Lake and Abu Dhabi’s MGX, reducing Chinese owner ByteDance’s stake to 20% as permitted by law. Oracle founder Larry Ellison, a Trump ally, plays key role. Existing ByteDance investors hold one-third. TikTok’s future in its largest market and potentially opening doors for re-entry in banned coun
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