Trump Admin Secures $10B Fee in TikTok Deal
March 14, 2026·22 days ago·via Newsmax
The Trump administration scores a massive $10 billion fee from investors who seized control of TikTok's U.S. operations from China's ByteDance in a deal finalized after intense negotiations. Investors like Oracle, Silver Lake, and UAE's MGX, already friendly with the administration, paid $2.5 billion upfront to the Treasury and will cover the rest, totaling roughly 70% of the new U.S. entity's $14 billion valuation as noted by VP JD Vance. Read more about this...