Trump Administration Reportedly Secured $10 Billion for Brokering TikTok Deal
Reports indicate that the Trump administration stood to gain significantly from facilitating the TikTok US deal. According to an exposé by The Wall Street Journal, the administration was slated to receive a total of $10 billion as part of the agreement that allowed TikTok to continue operating in the United States. An initial payment of $2.5 billion was reportedly made to the administration by new investors upon the deal's closing in January, with subsequent payments expected to accrue until the full $10 billion sum is reached.
The group of investors, which includes Oracle, Silver Lake, and MGX investment firms, acquired stakes in the US-based TikTok entity, known as TikTok USDS Joint Venture. The Wall Street Journal had previously reported that the administration would receive a "multibillion-dollar fee" for its role in the transaction. To put the recently disclosed $10 billion fee into perspective, Vice President JD Vance had valued the US entity of TikTok at $14 billion.
The Trump administration has a history of involvement in substantial deals with American corporations. For instance, last year, the administration invested $8.9 billion into Intel, securing a nearly 9 percent equity stake. In another notable instance, the administration also received a Boeing 747-8 as an extraordinary gift from the Qatari government in May.
Novedades — Science & Teсh news
How to clean and organize your Mac
Over time, frequent use can lead to a Mac that feels cluttered and performs less optimally. While purchasing a new device is an option, a more cost-effective approach is to enhance your current machine's performance and feel. This guide offers practical techniques and insights to help your Mac
Extend Your Smartphone's Lifespan: Practical Tips for Longevity
The frequent replacement of smartphones contributes significantly to the billions of devices ending up in landfills annually. Historically, a two-year upgrade cycle was common due to wireless carrier contracts and limited software support from manufacturers. However, with major phone makers no
KPop Demon Hunters Sequel Confirmed After Massive Success
Netflix and Sony have officially announced a sequel for the highly successful animated film, KPop Demon Hunters. The film rights were transferred to Netflix by Sony Pictures Animation in 2021 through a broader licensing agreement. The enormous success of the movie, however, surpassed initial ex
Dell XPS 16 (2026) Review: The Reign Reclaimed
Just last year, Dell nearly abandoned its leadership position in premium Windows laptops by announcing the discontinuation of its revered XPS brand. Fortunately, the company swiftly reversed this decision, acknowledging its error, and committed fully to its flagship notebook series. The result
Aqara's Matter-compatible camera promises easier smart home integration
Aqara has introduced a new indoor security camera, the G350, which it claims is the first camera to receive Matter certification. Matter is an open-source standard designed to enhance interoperability among various smart home brands, including major players like Google and Amazon. The G350 not
OpenAI Plans Sora Video Generation Integration into ChatGPT
OpenAI is reportedly planning to integrate its advanced Sora video generation model directly into ChatGPT. This strategic move comes as the standalone Sora app, despite an initial successful launch in September 2025, has seen a decline in user engagement due to limitations on video creation. By