4h
19h

Donald Trump Administration To Receive $10 Billion Fee Following The TikTok USDS Joint Venture Sale

The administration under Donald Trump is receiving a $10 billion fee from investors including Oracle, Silver Lake, and MGX for facilitating the TikTok US sale.This financial arrangement follows the establishment of the TikTok USDS Joint Venture to ensure data security and platform continuity in the USA.The deal follows other major corporate activities overseen by the current administration, such as an equity stake acquisition in Intel and the acceptance of a Boeing 747-8 gift.
Published:4h
Tags
Read more
Discuss