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TikTok has officially been sold to a group of US investors under the new TikTok USDS Joint Venture LLC! And we now know who will be sitting on the board of the new US owned TikTok entity. First, the new US operation is called TikTok USDs Joint Venture LLC. Everything I have been reporting about this deal is now officially confirmed. This new LLC includes operations for not only TikTok US but also CapCut, Lemonade and a portfolio of other apps and websites in the US. The company statement says under this new ownership, TikTok users will still be discoverable on a global scale. This includes for e-commerce, advertising and marketing. The announcement also reveals the seven majority American board of directors, which includes Show Chu, Director, Pierce is the Chief Executive Officer of TikTok, where he leads the company's business and strategy. Secondly, Timothy Chen, Senior Advisor to TPG, where he previously was partners, Chairman of TPG Asia, and a member of the firm's Executive Committee. Mark Dunley, Director, Mark Dunley is a Managing Director at Egon Durban, Director, Kenneth Disick, Executive Vice President at Oracle, where he leads the company's business and strategy, technology policy, and regulatory matters, and serves Global Corporate and Digital and Security Committee. David Scott, Director and Security Committee. David Scott, Director and Security Committee. The other six members are all men and they are all connected to the investors in this new operation. Those investors include the three managing investors, 15% Silver Lake, 15% Oracle, 15% MGX. Each of those three investors will hold a 15% stake in TikTok USDs Joint Venture LLC. And Bytedance is retaining 19.9% of the company. Here is a list of the rest of the investors. A group of them definitely have some kind of tie to President Trump. They're either big donors to the Trump campaign or they have connected super packs or they have some kind of philanthropic tie to the Trump administration. Of the three major donors, MGX is a US government-owned AI investment firm, which reportedly has direct business ties to the Trump family crypto business. And of course, Oracle is owned by Larry Ellison, who has documented ties to the Trump administration. Now, as I reported before, Oracle has been TikTok's data partner for years. So Ellison's involvement in TikTok is not new. You should also know the company says it is focusing on four key areas. Those investors include the three managing investors, 15% Silver Lake, 15% Oracle, 15% MGX. Each of those three investors will hold a 15% stake in TikTok USDs Joint Venture LLC. And Bytedance is retaining 19.9% of the company. Here is a list of the rest of the investors. A group of them definitely have some kind of tie to President Trump. They're either big donors to the Trump campaign or they have connected super packs or they have some kind of philanthropic tie to the Trump administration. Of the three major donors, MGX is a US government-owned AI investment firm, which reportedly has direct business ties to the Trump family crypto business. And of course, Oracle is owned by Larry Ellison, who has documented ties to the Trump administration. Now, as I reported before, Oracle has been TikTok's data partner for years. So Ellison's involvement in TikTok is not new. You should also know the company says it is focusing on four key areas.