After years of debate and scrutiny, TikTok has signed an agreement for a new U.S. joint venture. By January 22, TikTok USDS Joint Venture LLC will be managed by three investors: Oracle, Silver Lake, and Abu Dhabi-based MGX. Former TikTok CEO Kevin Mayer joins CNBC’s Beijing Bureau Chief Eunice Yoon to discuss the implications of this deal for geopolitics and data safety. Executive wine editor of Food & Wine Ray Isle brings his holiday sips to set, including recommendations at varying price points and varying ABVs. Amid tariffs and a growing nonalcoholic beverage trend, Isle says the wine industry has always been cyclical. Plus, Barack Obama’s 2025 list of favorite books includes a familiar title, and the Trump administration continues its Fed Chair interviews.

Steve Liesman - 05:51

Kevin Mayer & Eunice Yoon - 15:40

Ray Isle - 24:22

In this episode:

Steve Liesman, @steveliesman

Eunice Yoon, @onlyyoontv

Becky Quick, @BeckyQuick

Andrew Ross Sorkin, @andrewrsorkin

Katie Kramer, @Kramer_Katie

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TikTok Makes a Deal: Fmr. TikTok CEO & Signals from Beijing 12/19/25

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