Trump Nears Deal to Transfer TikTok to U.S. Billionaires and Investors
TL;DR
President Trump is pushing to finalize a deal that would transfer majority control of TikTok to a consortium of American investors, including Trump allies Andreessen Horowitz and Oracle's Larry Ellison, raising concerns about media influence and political control, with implications for free press and US-China relations.
- Trump Brokering Deal to Hand TikTok Over to Right-Wing Billionaires Andreessen and Ellison Common Dreams
- We now know who the new owners of TikTok will be - if Trump gets his deal done with Xi CNN
- U.S. Investors, Trump Close In on TikTok Deal With China The Wall Street Journal
- FURTHER EXTENDING THE TIKTOK ENFORCEMENT DELAY The White House (.gov)
- Oracle, Silver Lake consortium to control 80% stake in TikTok in US, WSJ reports Reuters
Want the full story? Read the original reporting
Read on Common Dreams