(no subject)
Mar. 13th, 2026 09:14 pmThis is textbook government corruption because the president makes a financial decision aimed to benefit his friends, business partners and bribers.
The Trump administration is set to receive a roughly $10 billion fee from investors in the recently completed deal to take control of TikTok’s U.S. business, delivering it a windfall for keeping the popular social-media app alive in America.
The investors include cloud-computing company Oracle, private-equity firm Silver Lake and Abu Dhabi investor MGX. They and other backers paid the Treasury Department about $2.5 billion when the deal closed in January and are set to make several additional payments until hitting the $10 billion total, the people said.
When announcing the framework for the TikTok deal in September, Trump said, “It hasn’t been fully negotiated, but we’ll get something,” adding that the size of the deal and money and effort put in by the government justify compensation.
https://www.wsj.com/tech/tiktok-deal-fee-trump-administration-5aa31c9f