WSJ Tech News Briefing

Episode: TNB Tech Minute: New Details on the U.S.-China TikTok Deal
Date: September 16, 2025
Host: Julie Chang, The Wall Street Journal

Overview

This episode of the WSJ Tech News Briefing provides a concise update on three major developments in the tech world: new details emerging about a pivotal U.S.-China TikTok deal, Rivian’s significant expansion in electric vehicle manufacturing, and Workday’s acquisition of AI startup Sana. The episode focuses on the business and geopolitical implications of these stories, summarizing crucial facts and citing unnamed sources close to the matters.

Key Discussion Points & Insights

1. New Details on the U.S.-China TikTok Deal

(01:00 – 01:50)

• Ownership Structure:
  TikTok's U.S. business would be operated by a newly created U.S. entity, backed by an investor consortium including Oracle, Silverlake, and Andreessen Horowitz.

  • "According to people familiar with the matter, TikTok's US business would be controlled by an investor consortium that includes Oracle, Silverlake and Andreessen Horowitz."
    — Julie Chang [00:36]

• Stake Distribution:
  U.S. investors would control about 80% of the new entity, with the remaining stake belonging to Chinese shareholders.

  • "The arrangement would create a new U.S. entity to operate the app, with U.S. investors holding a roughly 80% stake and Chinese shareholders own the rest. Sources say."
    — Julie Chang [00:45]

• Board Composition:
  The board would be “American dominated,” including one member specifically appointed by the U.S. government.

  • "The new company would also have an American dominated board with one member designated by the US Government."
    — Julie Chang [00:54]

• User Migration:
  Existing users in the U.S. would be asked to transition to a newly built version of the app.

  • "Existing users in the country would be asked to shift to a new app that TikTok has built and is testing."
    — Julie Chang [01:02]

• Status:
  Both sides are still negotiating, and the agreement terms remain subject to change.

  • "Both sides are still finalizing details of the proposed deal and terms could change."
    — Julie Chang [01:10]

2. Rivian's New Factory Investment

(01:11 – 01:36)

• Factory Announcement:
  Rivian broke ground on a new assembly plant in Georgia, which will become its second factory and is scheduled to begin production in 2028.

  • "Rivian broke ground today on a factory in Georgia. The new assembly plant will be the electric vehicle maker's second and is set to begin production in 2028."
    — Julie Chang [01:15]

• Product Focus:
  The factory will produce the forthcoming R2 sport utility vehicle and the smaller R3 crossover.

  • "It would support the company's R2 Sport util vehicle and smaller R3 crossover model."
    — Julie Chang [01:21]

• Industry Context:
  The new factory represents Rivian’s commitment to EVs, diverging from broader industry trends.

  • "Rivian's doubling down on EVs comes at a time when the rest of the US auto industry is shifting away from them."
    — Julie Chang [01:29]

3. Workday’s Acquisition of Sana

(01:37 – 02:11)

• Acquisition Details:
  Workday, a leader in workplace software, will acquire the AI company Sana for $1.1 billion.

  • "Workday is set to acquire Sana, an AI company specializing in workplace tools, for $1.1 billion."
    — Julie Chang [01:37]

• Tech Synergy:
  The acquisition will bolster Workday’s AI offerings, enabling automation of repetitive tasks, improved search across corporate data, and AI-powered content creation.

  • "Workday said the acquisition will help IT offer AI agents to customers who can use it to automate repetitive tasks, search across a company's data sources and create presentations and documents."
    — Julie Chang [01:42]

• Education Features:
  Workday plans to leverage Sana’s technology to provide AI-powered personalized tutoring for employees.

  • "The acquisition would also help Workday deepen its educational offerings, allowing companies to offer employees personalized tutoring through AI tools."
    — Julie Chang [01:53]

Notable Quotes & Memorable Moments

• On the TikTok Deal:
  "The arrangement would create a new U.S. entity to operate the app, with U.S. investors holding a roughly 80% stake and Chinese shareholders own the rest. Sources say."
  — Julie Chang [00:45]

• On Rivian’s Bet Against the Market:
  "Rivian's doubling down on EVs comes at a time when the rest of the US auto industry is shifting away from them."
  — Julie Chang [01:29]

• On AI in the Workplace:
  "Workday said the acquisition will help IT offer AI agents to customers who can use it to automate repetitive tasks, search across a company's data sources and create presentations and documents."
  — Julie Chang [01:42]

Important Timestamps

• 00:36 — Introduction of TikTok US-China deal; investor consortium details
• 00:45 — Stake distribution between U.S. and Chinese shareholders
• 00:54 — Board composition and U.S. government involvement
• 01:02 — Transition plan for existing TikTok users
• 01:15 — Rivian new factory announcement
• 01:29 — Context on Rivian’s industry divergence
• 01:37 — Workday’s acquisition of AI startup Sana
• 01:53 — Workday’s AI-powered education plans

Tone & Style

The episode is brisk, fact-filled, and focused on business and policy developments, consistent with WSJ's journalistic style. Julie Chang’s reporting is measured, citing sources without editorial commentary.

Summary

For listeners seeking a quick yet detailed briefing on tech business and policy news, this episode offers insight into pivotal tech industry moves: landmark steps in the U.S.-China TikTok saga, Rivian’s contrarian push into EVs, and continuing integration of AI into workplace platforms through significant acquisitions. Each story is delivered in a clear, business-focused tone with an emphasis on implications for investors, consumers, and regulators.