company

TikTok

TikTok is a short-form video platform. It hosts user-submitted videos from three seconds to 60 minutes long. Its parent company is ByteDance, based in Beijing. In January 2026, Adam Presser was named chief executive of TikTok USDS, the joint venture that oversees TikTok's operations in the United States.

tiktok.com

Key facts

Release: 20 September 2016source
Downloads: In April 2020, TikTok surpassed two billion mobile downloads worldwidesource
Parent company: ByteDance, based in Beijingsource
US joint venture: TikTok USDS Joint Venture LLC formed on 22 January 2026 to handle TikTok and other ByteDance properties in the United Statessource
US joint venture ownership: Oracle Corporation, MGX Fund Management Limited and Silver Lake each hold a 15% stake; ByteDance holds a 19.9% stakesource

WYDE coverage of TikTok

Legal

TikTok and ByteDance Will Pay $400 Million to Settle the DOJ's Children's Privacy Case

Aug 24, 2026 · 2 min read

The Ninth Circuit Rules Section 230 Does Not Shield Social Media Companies From Youth Addiction Lawsuits

Aug 12, 2026 · 2 min read

Sources

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