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Trump claims the US is about to get a tremendous fee for taking TikTok out of China

in Technology
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That fee will come from TikTok’s US investors, including private equity firm Silver Lake and Oracle, with the new group getting half of TikTok, while TikTok China’s parent company ByteDance would still have under 20 percent.

So to see the WSJ reporting that “people familiar with the matter” think a deal might not only get approved, but also see billions of dollars flow from US companies into the Trump Administration’s coffers, sounds like something to be aware of. Why would those companies pay Trump’s government billions unless they think they’ll make even more?

[Notigroup Newsroom in collaboration with other media outlets, with information from the following sources]

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