[TikTok's U.S. Plan Officially Implemented, ByteDance Retains 19.9% Stake in Joint Venture] BlockBeats reports that on January 23, TikTok announced the establishment of TikTok US Data Security Joint Venture LLC (TikTok USDS Joint Venture LLC). This joint venture will be responsible for TikTok's U.S. data protection, algorithm security, content moderation, and software assurance. The TikTok USDS joint venture is composed of three managing investment parties: Silver Lake, Oracle, and MGX, each holding a 15% stake. Other investors include the Dell Family Office, Vastmere Strategic Investments, LLC, Alpha Wave Partners, Revolution, and others. ByteDance retains a 19.9% stake in the joint venture.