Trump Gets $10 Billion Kickback To The Treasury For Offloading TikTok To His Billionaire Buddies
Trump Gets $10 Billion Kickback To The Treasury For Offloading TikTok To His Billionaire Buddies
À Fouju (77), l’illusoire « souveraineté » du plus grand projet de data center de France [N°20]
The investment in #WorldLibertyFinancial was one of 2 large transactions last year involving the Trumps’ #crypto firm & the #UAE government. At a conference in Dubai in May, World Liberty executives disclosed that #MGX, another company run by Sheikh Tahnoon, was using $2 billion worth of a digital currency issued by World Liberty, known as a #stablecoin, to make a large investment.
TikTok's sale is official.
Take a look at one of its new owners, MGX, a state-backed Abu Dhabi fund.
me, for @Forbes in Oct.

Founded in 2024, the Abu Dhabi investment vehicle has quickly become a major force in Trump administration deals, from the reported TikTok restructuring to a controversial $2 billion investment in Binance using the Trump family's stablecoin.
@tagesschau Druck v #Trump #USA auf #ByteDance - Großteil des US-Geschäfts v #TikTok verkauft - Werbeiennahmen bleiben bei den Chinesen. Der Tacomann hat dadurch eine weitere Plattform sich zu profilieren & lügen zu verbreiten
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#oracle #silverlake #mgx #tiktokusds
https://www.tagesschau.de/wirtschaft/unternehmen/bytedance-tiktok-usa-100.html
對美國用戶來說,TikTok出售後會變得更安全,但卻可有可無嗎?
BBC News 中文 2025-12-23 16:00:00 CST為續存美國業務,TikTok演算法將由甲骨文授權重訓。專家憂心,平台雖更安全,但恐喪失文化影響力與實驗精神,核心推薦功能亦將弱化,變得乏味。This piece nails it! The "new" TikTok "deal" is simply an exercise in decorative shape shifting for a situation that has basically been in place for 3 years.
This was never about addressing data privacy, propaganda, or national security. It was always about the US grabbing a big chunk of ownership one of the most popular and successful social media apps. The US Congress just made sure that is was Trump sycophants who got the "win". https://www.techdirt.com/2025/12/19/tiktok-deal-done-and-its-somehow-the-shittiest-possible-outcome-making-everything-worse/ #TikTok #Oracle #SilverLake #MGX #NationalSecurity #SocialMedia #China #ByteDance #Algorithm #Privacy #DataPrivacy
Larry #Ellison, of #Oracle fame and loud pro Israel proponent, just bought #TikTok. Well, him and some other billionaire buddies.
As of December 19, 2025, TikTok announced it had signed a deal to spin off 80% of its U.S. assets to a group of American and global investors, with Oracle being one of the key players. Oracle, along with private equity firm #SilverLake and #MGX (an AI-focused investment firm backed by the government of Abu Dhabi), will each hold a 15% stake in the new joint venture, collectively owning 45% of the U.S. entity.
TikTok recently hired Israeli Defense Forces instructor Erica Mindel as content supervisor. She’s now in charge of censoring anything the IDF thinks is antisemitic, ya know like being Palestinian, or Lebanese or Syrian, or Egyptian or Persian, or whomever the IDF wants to bomb today.
China owning TikTok was a security risk, but the IDF controlling a propaganda channel? No problem!
Thankfully, we have the fediverse.