US administration may earn billions in TikTok deal, says WSJ

TikTok could set precedent for future foreign tech oversight. [https://invezz.com/wp-content/uploads/2025/09/TikTok-deal-.webp] The Donald Trump-led US government is about to cash in big from the long saga over TikTok’s American future. An exclusive report by The Wall Street Journal reported on Saturday that the Treasury is expecting a multibillion-dollar fee as part of the ownership shakeup designed to address years of security fears. Oracle, the cloud giant, along with private equity backers, is set to take control of TikTok’s US operations, including its data and the algorithm that decides what users see. ByteDance, TikTok’s Chinese parent, will stay on but with less power. DATA SECURITY DRIVES TIKTOK DEAL This deal is the result of years of back-and-forth drama. American officials have long worried that TikTok, under ByteDance, might share sensitive user info with Beijing. They have considered banning the app outright, but instead settled on a plan that gives US regulators and investors a bigger say. Oracle’s role is central as the tech giant is expected to manage TikTok’s American data storage and watch over its recommendation engine. The idea is to…