Trump Administration Secures $10B from TikTok Deal
The Trump administration is reportedly set to receive up to $10 billion for facilitating the restructuring of TikTok’s US operations. According to recent reports, an initial $2.5 billion payment has already been made, with additional installments expected over time. The deal involved a consortium of investors, including Oracle and major private equity firms, acquiring stakes in a US-based TikTok entity.…
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