TikTok Investors Set to Pay $10 Billion Fee to Trump Administration

TikTok Investors Set to Pay $10 Billion Fee to Trump Administration

The New York Times business

Key Points:

  • Investors in a deal to create a U.S.-controlled TikTok are set to pay $10 billion to the U.S. Treasury, the latest example of the Trump administration’s inserting the federal government into corporate

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