Abu Dhabi royal family to take stake in TikTok US under Trump deal
1. Abu Dhabi family's MGX to acquire 15% of TikTok US for $14bn. 2. Larry Ellison's Oracle will control a significant stake in TikTok US. 3. The deal ensures TikTok is US-controlled, enhancing data privacy for Americans. 4. China's approval of the deal remains uncertain despite optimistic talks. 5. TikTok US valuation is significantly lower than ByteDance overall valuation.