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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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New Digital Boundaries: Turkey Implements Strict Social Media Regulations for Minors
10 Oct. 10:05Starting November 1, 2026, Turkey will restrict access to social media platforms for children under the age of 15 following a new regulatory decree issued by the Presidential Cyber Security Directorate and published in the Resmi Gazete. Under the new framework, users aged 15 to 18 will undergo mandatory age verification through the "e-Devlet" portal. Accounts for this age group will feature default private settings, with explicit bans on live streaming, targeted behavioral ads, and profile recommendation algorithms.
Social media networks are also required to provide parents and legal guardians with control tools to monitor usage time, location tracking, and financial transactions. Existing active accounts must complete the age verification process by March 31, 2027.
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