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 - 05:51Kevin Mayer & Eunice Yoon - 15:40Ray Isle - 24:22 In this episode:Steve Liesman, @steveliesmanEunice Yoon, @onlyyoontvBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.