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Trump’s TikTok deal benefited firms that 'personally enriched' him, lawsuit says [MSNBC.com]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: MSNBC.com
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
A newly formed anti-corruption group hasfiled a lawsuitsold TikTok’s U.S. operation to a group of administration-backed investorsThe suit, filed by the Public Integrity Project, a law firm that seeks to raise the “reputational cost of corruption in America,” argues the deal violates a law intended to prevent the spread of Chinese government propaganda and has enriched Trump's allies.That law, signed by then-President Joe Biden in 2024, said that TikTok couldn’t be distributed in the United States unless the Chinese company ByteDance found an American-based corporate home by the day before Donald Trump returned to office.The law was upheld by the Supreme Court“The law was clear, but it was never enforced,” says the lawsuit, filed Thursday in the U.S. Court of Appeals for the District of Columbia Circuit. “Shortly after the deadline to divest passed, President Trump issued an executive order purportedly granting an extension for TikTok to find a domestic owner and directed his Attorney [Read more]
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Stockreport

Trump’s TikTok deal benefited firms that 'personally enriched' him, lawsuit says [MSNBC.com]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
More Company Research Source: MSNBC.com
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
A newly formed anti-corruption group hasfiled a lawsuitsold TikTok’s U.S. operation to a group of administration-backed investorsThe suit, filed by the Public Integrity Project, a law firm that seeks to raise the “reputational cost of corruption in America,” argues the deal violates a law intended to prevent the spread of Chinese government propaganda and has enriched Trump's allies.That law, signed by then-President Joe Biden in 2024, said that TikTok couldn’t be distributed in the United States unless the Chinese company ByteDance found an American-based corporate home by the day before Donald Trump returned to office.The law was upheld by the Supreme Court“The law was clear, but it was never enforced,” says the lawsuit, filed Thursday in the U.S. Court of Appeals for the District of Columbia Circuit. “Shortly after the deadline to divest passed, President Trump issued an executive order purportedly granting an extension for TikTok to find a domestic owner and directed his Attorney [Read more]
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