Abu Dhabi royal family to take stake in TikTok US under Trump deal
PositiveWorld Affairs

The Abu Dhabi royal family is set to acquire a 15% stake in TikTok's US operations, following an executive order signed by Donald Trump. This deal, which values the social media platform at $14 billion, marks a significant investment in the tech industry and highlights the ongoing interest in TikTok amidst regulatory scrutiny. It matters because it not only strengthens ties between the UAE and the US but also reflects the evolving landscape of social media ownership and international business relations.
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