Fri Sep 26 13:37:43 UTC 2025: Okay, here’s a summary and news article based on the provided text:

**Summary:**

A deal is in the works for TikTok’s U.S. operations to comply with a 2024 law requiring its sale. A group of investors, including Oracle, Silver Lake, and potentially Abu Dhabi-based MGX, are poised to take a significant stake (around 50%) in TikTok U.S. ByteDance, TikTok’s Chinese parent, will retain a minority stake (less than 20%) and appoint one board member. Current ByteDance investors will hold roughly 30% of TikTok U.S. control. The deal structure aims to satisfy U.S. national security concerns while allowing TikTok to continue operating in the country.

**News Article:**

**TikTok U.S. Ownership Deal Nears Completion: Oracle, Silver Lake, and MGX Poised for Major Stake**

*New Delhi, September 26, 2025* – A major restructuring of TikTok’s U.S. operations appears imminent, with a consortium of investors set to take a controlling stake in the popular social media platform. According to sources familiar with the deal, Oracle and private equity firm Silver Lake are leading the charge, with Abu Dhabi-based AI investment firm MGX also potentially playing a key role.

The proposed deal would see these investors acquire roughly 50% of TikTok U.S. This move aims to comply with a 2024 U.S. law that mandated ByteDance, TikTok’s Chinese parent company, to divest its U.S. assets by January 2025 due to national security concerns.

ByteDance is expected to retain a minority stake of less than 20% in TikTok U.S., and will have one seat on the seven member board. Current ByteDance investors, including Susquehanna International Group, General Atlantic, and KKR, are anticipated to hold approximately 30% of the company.

The agreement on TikTok’s U.S. operations includes ByteDance appointing one of seven board members for the new entity, with Americans holding the other six seats, a senior White House official said on Saturday (September 20, 2025).

MGX, an artificial intelligence investment firm partnered with Silver Lake and under the purview of Sheikh Tahnoon bin Zayed Al Nahyan, the United Arab Emirates’ national security adviser, could bring significant expertise and resources to the table.

While the details of the deal are still being finalized, the emerging structure suggests a concerted effort to address U.S. regulatory concerns while allowing TikTok to continue its operations in the lucrative U.S. market. The deal is subject to regulatory approvals and could still be subject to further adjustments.

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