U.S. Government to Gain Billions in TikTok Deal

The U.S. government could be poised to receive a significant financial windfall from an impending TikTok deal, which involves a multibillion-dollar fee, according to a Wall Street Journal report.

This fee, as stated in the report, is to be paid by investors engaged in the TikTok agreement, serving as compensation for aiding in the negotiation process with Chinese counterparts.

Despite the Wall Street Journal's revelations, Reuters has not been able to independently verify the details of the report.

(With inputs from agencies.)