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Abu Dhabi Takes 15% of TikTok Amid Media Deals

9/28/2025

24 2 Full Breakdown

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Story summary
  • Abu Dhabi's royal family will take 15% of TikTok's U.S. business, valued at $14 billion; Oracle and Silver Lake hold 45%.
  • David Ellison, son of Larry Ellison, pursues Paramount and other media deals amid allegations of interference linked to Trump's CBS News criticisms.
  • He shifted donations from Democrats toward Trump, prompting questions about alignment, while stating a business-focused, centrist stance.
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