TikTok deal
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Or is it a shakedown?
The Trump administration recently approached a coalition of U.S. investors set to take over TikTok's U.S. operations with an ask: Will the group make a payment to the federal government "in the low billions," according to a person with direct knowledge of the talks.
The response from the investors, which includes tech mogul Larry Ellison, the Murdochs and venture capital heavyweight Andreessen Horowitz, was an unequivocal yes.
"Not a single member balked," said the person, who was not authorized to speak publicly. "They see it as something of a finders' fee."
Welcome to President Trump's new business agenda: extracting payments as if the federal government is brokering deals like a white-shoe consulting firm fueled by lucrative "fees for service."
The one part of the agreement that caught investors by surprise? The multibillion-dollar fee request.
"They were taken aback when they were told they'd have to kick in," the source said. "But I think they see it as just the price of doing business right now."
https://www.npr.org/2025/09/26/g-s1-90598/tiktok-deal-trump-oracle
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“In the low billions”
“No one balked”
There’s the problem right there.
-
Or is it a shakedown?
The Trump administration recently approached a coalition of U.S. investors set to take over TikTok's U.S. operations with an ask: Will the group make a payment to the federal government "in the low billions," according to a person with direct knowledge of the talks.
The response from the investors, which includes tech mogul Larry Ellison, the Murdochs and venture capital heavyweight Andreessen Horowitz, was an unequivocal yes.
"Not a single member balked," said the person, who was not authorized to speak publicly. "They see it as something of a finders' fee."
Welcome to President Trump's new business agenda: extracting payments as if the federal government is brokering deals like a white-shoe consulting firm fueled by lucrative "fees for service."
The one part of the agreement that caught investors by surprise? The multibillion-dollar fee request.
"They were taken aback when they were told they'd have to kick in," the source said. "But I think they see it as just the price of doing business right now."
https://www.npr.org/2025/09/26/g-s1-90598/tiktok-deal-trump-oracle
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