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Sources: the Trump administration is set to receive a ~$10B fee from investors in TikTok's US business for the government's role in brokering the TikTok US deal

Investors in social-media platform's U.S. business, including Oracle and Silver Lake, agreed to give the government several multibillion-dollar payments, sources say

Wall Street Journal

Related Coverage

Discussion

  • @mgsiegler M.G. Siegler on x
    Ah yes, the rake.
  • @bobbyallyn Bobby Allyn on x
    Congress passes law to split China from TikTok. Trump cuts a deal that gives Larry Ellison and Emiratis majority control of TikTok and China keeps minority stake. And for brokering that deal, WSJ now reports, Trump admin gets a $10B fee for service https://www.wsj.com/...
  • @mgsiegler.com M.G. Siegler on bluesky
    Ah yes, the rake.  [embedded post]
  • @karlbode.com Karl Bode on bluesky
    this is just open and abject corruption, but the way U.S. journalism frames it you'd not really understand that there's anything untoward
  • @uticaeric Eric L. Robinson on bluesky
    What is the exact legal entity known as “The Trump Adminiatrarion”?  Where is the cash going?  —  I'm guessing this isn't a check made out to “United States Treasury” [embedded post]
  • @scriban @scriban on bluesky
    “Bribe.”  —  The word you're looking for, @wsj.com, is “bribe.”  [embedded post]
  • r/politics r on reddit
    Trump Administration Set to Receive $10 Billion Fee for Brokering TikTok Deal