🚨🇺🇸 $FOGO
$SCRT BREAKING: TIKTOK DIVESTITURE FINALIZED: U.S. OWNERSHIP LOCKED IN $SENT
TikTok's U.S. spinoff is done.
Oracle, Silver Lake, and MGX now own the app with ByteDance holding less than 20 percent.
The deal clears the 120-day deadline Trump set in September.
170 million American users.
Particularly young voters.
A Chinese company that had unprecedented access to U.S. data just got forcibly restructured under American control.
Net effect: Trump got what security hawks demanded without actually banning the app.
Source: WSJ
