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Story summary
- U.S. President Donald Trump oversees a plan for investors to pay $10 billion to transfer TikTok's U.S. operations from ByteDance.
- Oracle, MGX, and Silver Lake have paid $2.5 billion to the U.S. Treasury.
- They will pay more.
- The fee described by Trump as a 'tremendous fee-plus' is unusually high.
- The arrangement allows TikTok to operate in the United States, with ByteDance retaining a minority stake.
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