TikTok sale: In TikTok sale, the White House is playing an unprecedented role

Share via:


In the closely watched sale of TikTok, the White House is playing the role of investment bank, with Vice President JD Vance running the auction. It is an unprecedented level of involvement in a private deal by the country’s highest office that adds to the complexity of striking an agreement.

Vance’s lead counsel, former Federal Election Commission Chair Sean Cooksey, is the main contact for bidders for TikTok’s US assets, providing feedback and suggesting adjustments to their offers, according to bidder Reid Rasner, a Wyoming entrepreneur.

US…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

TikTok sale: In TikTok sale, the White House is playing an unprecedented role


In the closely watched sale of TikTok, the White House is playing the role of investment bank, with Vice President JD Vance running the auction. It is an unprecedented level of involvement in a private deal by the country’s highest office that adds to the complexity of striking an agreement.

Vance’s lead counsel, former Federal Election Commission Chair Sean Cooksey, is the main contact for bidders for TikTok’s US assets, providing feedback and suggesting adjustments to their offers, according to bidder Reid Rasner, a Wyoming entrepreneur.

US…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Meesho, Aequs Slide In Another Mixed Week For New-Age...

SUMMARY During December 22-26, twenty three new-age tech companies...

Trends That Defined JavaScript in 2025

The year 2025 proved to be a transformative...

‘Alien tool without a manual’: OpenAI co-founder Andrej Karpathy...

Former Tesla AI director and OpenAI co-founder Andrej...

Popular