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The WSJ feebly points out this is curiously unprecedented, but they can't be bothered to inform readers out the TikTok deal didn't actually solve any of the problems the trump administration professed to address

in fact I think you could argue it's worse, because the previous Bytedance ownership was at least worried about being kicked out of the U.S. if they didn't behave semi-ethically Larry Ellison, who supports a complete demolition of U.S. corporate oversight, faces arguably less ethical constraints

"But Karl," I say confidentially in cocksure reply on Bluesky, "both the NYT and WSJ clearly say the money wound it's way to treasury! They would never say that without obtaining independently verifiable confirmation from lying fascists!"

$10B "brokerage fee" to allow Ellisons to take over TikTok. Cool, cool, cool. Just $1B of that could refund the Corporation for Public Broadcasting and bring back weekend Newshour and funding for local NPR stations. What say ye, Brendan Carr? www.wsj.com/tech/tiktok-...

wsj.comExclusive | Trump Administration Set to Receive $10 Billion Fee for Brokering TikTok DealInvestors in the social-media platform’s U.S. business agreed to give the government several multibillion-dollar payments, sources said.