One of President Donald Trump’s biggest abuses of power remains how he ignored a law signed by Congress to get a deal on TikTok. The result is a deal that does not even meet the standards that Congress set out in the first place.
TikTok on Thursday announced that its U.S. operations would be controlled by a group of American investors. The managing investors will be MGX, Oracle, and Silver Lake, with Oracle providing the data security. This is being hailed as some kind of victory, even with the Chinese company ByteDance still holding about a 20% stake in the operation.
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That is not the clean break that was required by the law that Congress passed. ByteDance’s involvement with TikTok is what brought the
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