TikTok / ByteDance

Date

Dec 18, 2025

Sector

Tech

Response

Complied

Source

cnn.com ↗

Pressure applied

Divest-or-ban law plus an administration-negotiated ownership framework

What was demanded

Divest US operations to majority American ownership or be banned

What happened

A joint venture formed with Oracle, Silver Lake and MGX under majority US ownership

Where it stands

Approved by executive order; the venture was operating into 2026.

Period

Second term

Note

Traces to a 2024 statute, not solely administration pressure.