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TikTok has entered into an agreement to transfer control of its U.S. business to a newly formed investor-led joint venture. The decision was revealed through reports citing internal company documentation.
Under the terms of the deal, which is expected to be finalized on January 22, 2026, Oracle, Silver Lake, and the Abu Dhabi–based investment firm MGX will collectively acquire a 45 percent stake in TikTok’s American operations.
The joint venture, to be headquartered in Washington, will oversee data protection, algorithm security, content moderation, and software quality standards. These steps are designed to strengthen regulatory compliance and international confidence in the platform, including interest from regions such as Turkmenistan.
The move follows an executive order signed on September 26 by U.S. President Donald Trump, requiring the sale of TikTok’s U.S. assets to American investors.
Facing a record drop in fertility rates, Singapore is significantly expanding its family support framework. According to Bloomberg, Prime Minister Lawrence Wong announced increases in direct financial assistance alongside enhanced housing benefits for young families.
Under the updated policy, every Singaporean child up to the age of 17 will be eligible to receive up to 70,000 Singapore dollars (approximately $55,000 USD) in total support, which includes cash payouts, educational grants, and related benefits. The government is also expanding paid parental leave and capping monthly out-of-pocket costs for government-subsidized childcare at 150 Singapore dollars.
These interventions aim to reverse a severe demographic decline, marked by last year's fertility rate drop to 0.87 children per woman, while over 20% of the country's population is currently aged 65 or older.
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