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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.
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US President Donald Trump sent Kazakh President Kassym-Jomart Tokayev symbolic gifts—a key to the White House and a baseball cap with his personal autograph. Kazakh media reported this, citing the Kazakh president's press secretary, Ruslan Zheldibay.
According to Astana, the American leader accompanied the gifts with words of high respect, calling Tokayev "a wonderful person and an experienced statesman with a deep and balanced understanding of international affairs."
Trump's gesture underscores his personal affection for the Kazakh leader and may signal his intention to maintain warm bilateral relations between the US and Kazakhstan.
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