Abu Dhabi tech investor MGX has closed a deal with US-based Silver Lake and Oracle to become co-owners of TikTok USDS Joint Venture LLC. Each firm will hold a 15% stake in the new US subsidiary, which will operate independently with a seven-member board that includes MGX Chief Strategy and Safety Officer David Scott.The investment ensures TikTok’s continued operation in the US, supporting the 200 million Americans and 7.5 million businesses that use the platform.

Why This Matters

MGX’s investment in TikTok is part of its broader strategy to direct up to 80% of its capital into the US, working alongside leading American tech and investment firms to drive tech innovation underpinned by cybersecurity. The partnership helps sustain growth for the US digital economy and supports opportunities for American creators. By emphasizing security and collaboration, MGX’s involvement is a strong model for cross-border tech partnerships.

Full Press Release: TikTok USDS Joint Venture LLC Established in Compliance with U.S. Regulatory Requirements

January 22, 2026

Today, TikTok USDS Joint Venture LLC has been established in compliance with the Executive Order signed by President Trump on September 25, 2025, now enabling more than 200 million Americans and 7.5 million businesses to continue to discover, create, and thrive as part of TikTok's vibrant global community and experience. The majority American owned JointVenture will operate under defined safeguards that protect national security through comprehensive data protections, algorithm security, content moderation, and software assurances for U.S. users.

TikTok USDS Joint Venture's mandate is to secure U.S. user data, apps and the algorithm through comprehensive data privacy and cybersecurity measures. It will safeguard the U.S. content ecosystem through robust trust and safety policies and content moderation while ensuring continuous accountability through transparency reporting and third-party certifications.

·       Data Protection: U.S. user data will be protected by USDS Joint Venture in Oracle's secure U.S. cloud environment. The Joint Venture will operate a comprehensive data privacy and cybersecurity program that is audited and certified by third party cybersecurity experts. The program will adhere to major industry standards, including the National Institute of Standards and Technology (NIST) CSF and 800-53 and ISO 27001 as well as the Cybersecurity & Infrastructure Security Agency (CISA) Security Requirements for Restricted Transactions.

·       Algorithm Security: The Joint Venture will retrain, test, and update the content recommendation algorithm on U.S. user data. The content recommendation algorithm will be secured in Oracle's U.S. cloud environment.

·       Software Assurance: The Joint Venture will secure U.S. apps through software assurance protocols, and review and validate source code on an ongoing basis, assisted by its Trusted Security Partner, Oracle.

·       Trust & Safety: The Joint Venture will safeguard the U.S. content ecosystem and have decision-making authority for trust and safety policies and content moderation.

Interoperability enables the Joint Venture to provide U.S. users with a global TikTok experience, ensuring U.S. creators can be discovered and businesses can operate on a global scale. TikTok global's U.S. entities will manage global product interoperability and certain commercial activities, including e-commerce, advertising, and marketing.

The Joint Venture, built on the foundation of the TikTok U.S. Data Security (USDS) organization, will operate as an independent entity governed by the following seven-member, majority-American board of directors:

·       Shou Chew – Director: Shou Chew is theChief Executive Officer of TikTok, where he leads the company's globalbusinesses and strategy.

·       Timothy Dattels –Director:Timothy Dattels is a Senior Advisor to TPG Global, where he previously servedas a Partner, Chairman of TPG Asia, and a member of the firm’s Executive Committee.

·       Mark Dooley – Director: Mark Dooley is a Managing Director at Susquehanna International Group, which he joined in 1987as one of the firm’s original employees. He serves on the firm’s ManagementCommittee, overseeing its global trading operations.

·       Egon Durban – Director: Egon Durban is Co-CEO of Silver Lake, which he joined in 1999 as a founding principal. He serves on multiple boards across Silver Lake’s portfolio including Dell Technologies, Qualtrics, TKO Group, Unity, and Waymo.

·       Raul Fernandez –Independent Director and Chair of the Security Committee: Raul Fernandez is President and Chief Executive Officer of DXC Technology and a member of its Board of Directors. He brings more than three decades of experience at the intersection of technology, risk, and national security.

·       Kenneth Glueck –Director: Kenneth Glueck is Executive Vice President in the Office of the Chief Executive Officer at Oracle, where he advises the CEO on global strategy, business,M&A, technology, policy, and regulatory matters, and leads Global CorporateAffairs and Global Corporate Communications.

·       David Scott – Director and Security Committee: David Scott is Chief Strategy and Safety Officer at MGX, where he works closely with the fund’s leadership to set MGX’s strategic direction, including overseeing the governance of security and safety risks associated with emerging AI technologies.

The Joint Venture will be led by Adam Presser, who was appointed today as CEO by the Board as one of its first actions. He will be joined by Will Farrell as Chief Security Officer.

·       Adam Presser – ChiefExecutive Officer: Adam Presser serves as CEO of TikTok USDS Joint Venture.Under his leadership, the Joint Venture will secure U.S. user data, apps, and the algorithm, while driving business growth for TikTok, CapCut, and additional apps and websites in the U.S. Previously, Adam held roles at TikTok USDS,TikTok, and WarnerMedia.

·       Will Farrell – Chief Security Officer: Will Farrell serves as Chief Security Officer of TikTok USDS Joint Venture, where he oversees the Joint Venture's comprehensive data privacy and cybersecurity program. Previously, Will held roles at TikTok USDS, TikTok, and Booz Allen Hamilton.

TikTok USDS Joint Venture has three managing investors,Silver Lake, Oracle and MGX, each holding 15%. Completing the full consortium of investors are: Dell Family Office, the investment firm of Michael Dell,Founder, Chairman and CEO of Dell Technologies; Vastmere Strategic Investments, LLC, an affiliate of Susquehanna International Group, LLP; Alpha Wave Partners; Revolution; Merritt Way, LLC controlled and managed by partners of Dragoneer; Via Nova, an affiliate of General Atlantic; Virgo LI, Inc., investment arm of a foundation established by Yuri and Julia Milner in support of science; and NJJ Capital, the family office of Xavier Niel, a French entrepreneur and pioneer in telecommunications. ByteDance retains 19.9% of the JointVenture.

The safeguards provided by the Joint Venture will also cover CapCut, Lemon8, and a portfolio of other apps and websites in the U.S.

About TikTok USDS Joint Venture LLC

TikTok USDS Joint Venture LLC is dedicated to the safety and security of millions of Americans who create, discover, and connect with what they love on the apps we operate. The Joint Venture has been established in compliance with the Executive Order signed by President Trump on September 25, 2025. Our foundation is a comprehensive data privacy and cybersecurity program we operate under defined safeguards to protect national security and secure U.S. user data, apps and the algorithm. We safeguard the U.S. content ecosystem, holding decision-making authority for trust and safety policies and moderation. USDS Joint Venture helps ensure Americans can continue to express their creativity, discover new hobbies and interests, and build thriving communities and businesses on a global scale.

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