Sunday, March 15, 2026

Trump administration to be paid $10bn for brokering TikTok deal

A government taking a transactional fee for a deal between private businesses is exceptionally rare and the $10bn amount appears much larger than the roughly 1% slice that investment bankers take in such circumstances. JD Vance has said the US version of TikTok is valued at about $14bn, meaning the fee taken by the government is closer to 70% of the deal...

https://www.theguardian.com/technology/2026/mar/14/tiktok-trump-administration-10bn


 

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