Abu Dhabi royal family to take stake in TikTok US under Trump deal
PositiveFinancial Markets

The Abu Dhabi royal family is set to acquire a 15% stake in TikTok's US operations, following a significant executive order signed by Donald Trump. This deal, which values the social media platform at $14 billion, marks a pivotal moment in the ongoing discussions about TikTok's ownership and its future in the US market. The involvement of the Abu Dhabi royal family not only highlights the growing interest from foreign investors in American tech companies but also underscores the potential for international collaboration in the digital space.
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