TikTok USDS Joint Venture LLC Established: Oracle, Silver Lake and MGX Hold 15% Each, ByteDance Keeps 19.9%, and the Venture Takes Content-Moderation Authority

The TikTok USDS Joint Venture newsroom posted its establishment announcement on January 23, 2026. It says the venture was established under the executive order signed September 25, 2025.

Ownership. Silver Lake, Oracle and MGX are the managing investors, each holding 15%. The consortium also lists the Dell family office, an affiliate of Susquehanna, Alpha Wave Partners, Revolution, an affiliate of Dragoneer partners, an affiliate of General Atlantic, the Milner family foundation’s investment arm and Xavier Niel’s family office. ByteDance retains 19.9%.

Governance. The board has seven members. Raul Fernandez, an independent director, chairs the Security Committee. Kenneth Glueck sits for Oracle, Egon Durban for Silver Lake and David Scott for MGX; Shou Chew, TikTok’s chief executive, is also a director. Adam Presser was appointed chief executive at the board’s first action.

What moves and what stays. The venture will retrain, test and update the recommendation algorithm on U.S. user data inside Oracle’s U.S. cloud. Oracle serves as its Trusted Security Partner for source-code review. The venture takes decision-making authority over trust and safety policy and moderation. ByteDance’s side keeps e-commerce, advertising and marketing through TikTok global’s U.S. entities.

Related: 2026-10-06–tiktok-usds-midterm-election-plan-mission-control-center-trusted-security-partner (the venture’s first midterm plan) and 2025-09-25–trump-tiktok-deal-executive-order.