March 11 (Reuters) - Oracle's ORCL.N stake in TikTok's U.S. business operations is worth around $2 billion, a filing showed on Wednesday, more than a month after its Chinese parent ByteDance finalized a deal to set up a majority-owned American joint venture to avoid a ban.

Under the agreement, U.S. and global investors together hold an 80.1% stake in TikTok USDS Joint Venture LLC, while ByteDance owns 19.9%.

• Each of the joint venture's three managing investors — Oracle, private equity group Silver Lake and Abu Dhabi-based investment firm MGX — holds a 15% stake.

• Adam Presser was appointed CEO of the venture in January.

• The deal was a milestone for the social media app after years of battles that began in August 2020, when President Donald Trump unsuccessfully tried to ban the platform over national security concerns.

• Trump opted not to enforce a law passed in April 2024 requiring ByteDance to ‌sell its U.S. assets by January 2025 or face a ban — a measure upheld by the Supreme Court.

• Oracle on Tuesday estimated that the AI data ​center boom will power its revenue above Wall Street estimates well into 2027.

• The cloud computing company reported total revenue of $17.19 billion for the third quarter ended February 28, compared with analysts' average estimate of $16.91 billion, according to data compiled by LSEG.

(Reporting by Jaspreet Singh in Bengaluru; Editing by Shilpi Majumdar)

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