Trump Gets $10 Billion Kickback To The Treasury For Offloading TikTok To His Billionaire Buddies

We’ve discussed at length how Trump’s “fix” for TikTok’s problems basically involved forcing the sale of the platform to his greedy billionaire buddies (with the help …

Techdirt

À Fouju (77), l’illusoire « souveraineté » du plus grand projet de data center de France [N°20]

https://fed.brid.gy/r/https://www.lechiffon.fr/a-fouju-77-lillusoire-souverainete-du-plus-grand-projet-de-data-center-de-france-n20/

À Fouju (77), l’illusoire « souveraineté » du plus grand projet de data center de France [N°20] – Le Chiffon

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.

#Trump #compromised #FARA #law #emoluments

@alberg it's also not just the #US.

It's #UAE-based #MGX, thus putting everyone at risk that isn"t a following the laws of the UAE.

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.

#news #uspol #MGX #tiktok #trump

https://www.forbes.com/sites/zacheverson/2025/10/15/mgx-abu-dhabi-tiktok-trump-usd1-binance-aligned-data-centers/

Abu Dhabi Fund MGX Emerges As Key Player In Two Major Trump-Era Deals

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.

Forbes

@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
-
#oracle #silverlake #mgx #tiktokusds

https://www.tagesschau.de/wirtschaft/unternehmen/bytedance-tiktok-usa-100.html

ByteDance verkauft Großteil des US-Geschäfts von TikTok

Schon lange hatten die USA diesen Schritt von ByteDance verlangt - andernfalls werde die App in den Vereinigten Staaten verboten. Der chinesische Mutterkonzern von TikTok gibt laut Medien den Großteil seines US-Geschäfts ab.

tagesschau.de

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。
https://www.thenewslens.com/article/262763
#演算法 #Oracle #美國 #Will Guyatt #商業 #中國 #甲骨文 #Larry Ellison #Kokil Jaidka #銀湖資本 #MGX #Silver Lake #字節跳動 #川普 #TikTok #Matt Navarra #阿布達比

對美國用戶來說,TikTok出售後會變得更安全,但卻可有可無嗎? - TNL The News Lens 關鍵評論網

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。

TNL The News Lens 關鍵評論網

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.

#TikTok Deal Done And It’s Somehow The Shittiest Possible Outcome, Making Everything Worse
#China signed off on deal, which involves offloading large chunk of TikTok to billionaire right wing Trump ally #LarryEllison (fresh off his acquisition of CBS), #privateequity firm #SilverLake (which has broad global investments in Chinese and Israeli hypersurveillance), and #MGX (Abu Dhabi’s state investment firm), while still somehow having large investment involvement by Chinese
https://www.techdirt.com/2025/12/19/tiktok-deal-done-and-its-somehow-the-shittiest-possible-outcome-making-everything-worse/
TikTok Deal Done And It’s Somehow The Shittiest Possible Outcome, Making Everything Worse

There were rumblings about this for a while, but it looks like the Trump TikTok deal is done, and it’s somehow the worst of all possible outcomes, amazingly making all of the biggest criticis…

Techdirt