ABC News
@ABCNews·19.3M subscribers·117.3K videos
TikTok signs deal to create new US joint venture
Posted
December 19, 2025
Views
1,990
Likes
17
Comments
5
Engagement
1.11%
December 19, 2025
1,990
17
5
1.11%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
See what was published immediately before and after this episode.
1:12Now PlayingTikTok has signed a deal to form a new U.S. joint venture controlled by mostly American investors that include Oracle Corporation, Silver Lake and MGX, according to an internal memo sent by TikTok CEO Shou Chew and obtained by ABC News.
This finally starts the process of ending the years-long saga over TikTok. It comes after Congress passed a law last year that requires TikTok to be banned in the U.S. if its Chinese parent company, ByteDance, does not sell its U.S. entity to Americans.
---
Subscribe to ABC News on YouTube
ABC News Digital is your daily source of breaking national and world news, exclusive interviews and 24/7 live streaming coverage.
Download the ABC News app for the latest headlines and alerts
Watch 24/7 coverage of breaking news and live events on ABC News Live
Watch full episodes of World News Tonight with David Muir here
Read ABC News reports online
ABC News is the home to the #1 evening newscast “World News Tonight” with David Muir, “Good Morning America,” “20/20,” “Nightline,” “This Week” with George Stephanopoulos, “ABC News Live Prime” with Linsey Davis, plus the daily news podcast “Start Here.”
Connect with ABC News on social media:
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
