Widthness LLC

Advanced Business and Technology – Intel® Xeon® and A.I. Powered

Trump Administration Will Reportedly Pocket $10 Billion From TikTok Deal

1 min read
Trump Administration Will Reportedly Pocket $10 Billion From TikTok Deal

Photo: President Donald Trump holds a signed executive order allowing a U.S. deal for TikTok, Thursday, September 25, 2025, in the Oval Office. Photo credit: Official White House photo by Joyce N. Boghosian via Flickr. US government work. Article by Kathryn Wilkens. Mediaite – March 13, 2026.

President Donald Trump’s administration is poised to receive roughly $10 billion from investors involved in the deal that transferred control of TikTok’s U.S. operations from its Chinese parent company, according to a Friday report from The Wall Street Journal. People familiar with the matter told the WSJ that the payment stems from an agreement in which a group of investors aligned with the administration took over TikTok’s American business from ByteDance. […]

Click here to view original web page at www.mediaite.com

Related articles:

Trump’s TikTok deal benefited firms that ‘personally enriched’ him, lawsuit says – NBC News

​Trump faces new impeachment calls after massive TikTok fee revealed: ‘Abject corruption’ – Raw Story

President Trump, Pam Bondi sued over sale of TikTok assets – NPR

Leave a Reply

Your email address will not be published. Required fields are marked *