Bloomberg Intelligence TikTok Seals Deal to Operate in the US After Years of Drama
Jan 23, 2026
Matthew Schettenhelm, media litigation analyst, explains the TikTok/ByteDance deal and its legal and operational twists. Angelo Zino, equity analyst, breaks down Intel’s weak guidance, manufacturing struggles and memory bottlenecks. Elliott Stein, litigation analyst, walks through Trump’s $5 billion suit against JPMorgan and the contractual and regulatory hurdles involved.
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TikTok Keeps U.S. Operations Under New Ownership
- The TikTok deal creates a U.S.-based entity that will oversee U.S. data under Oracle and other American investors.
- Matthew Schettenhelm warns the agreement may not fully cut operational ties to ByteDance or satisfy all statutory limits.
Oracle-Led Controls But Contract Details Missing
- The new structure mirrors Project Texas with Oracle overseeing U.S. data to reduce risk of Chinese access.
- Schettenhelm notes press releases lack clear contractual limits on operational relationships with ByteDance.
Deal Likely A One-Off, Not A Broad Precedent
- The TikTok settlement is likely a one-off driven by unique bipartisan U.S. political pressure.
- Schettenhelm doubts it sets a clear precedent for other Chinese tech companies like Alibaba or Tencent.