TikTok has finalized a deal to create a new American entity, avoiding the looming threat of a ban in the U.S. that has been in discussion for years. The social video platform company signed agreements with major investors including Oracle, Silver Lake and MGX to form the joint venture. The company said in a statement that the new version will operate under “defined safeguards” with an emphasis on data protections and software assurances for U.S. users. The establishment of a U.S. unit ends years of uncertainty about the fate of the popular video-sharing platform in the United States.