TikTok Sells U.S. Unit to Oracle and Abu Dhabi’s MGX Amid Trump-Linked Investment Ties

Washington/Abu Dhabi — TikTok has agreed to sell its U.S. operations to a consortium of investors including Oracle, Silver Lake, and Abu Dhabi’s sovereign AI fund MGX, in a landmark deal that blends Middle Eastern capital with American tech giants and carries political links to the Trump family. According to an internal memo, the agreement is expected to close on January 22, 2026, reshaping ownership of the popular social video platform amid mounting national security concerns in Washington. Under the terms, the new investor group will control 50 per cent of the U.S. venture, affiliates of existing ByteDance investors will … Continue reading TikTok Sells U.S. Unit to Oracle and Abu Dhabi’s MGX Amid Trump-Linked Investment Ties