US politics
fromFast Company
4 days agoWhat's really going on with the TikTok deal
The TikTok deal with Oracle, Silver Lake, and MGX looks more like a standard business deal or shakedown than a clear national-security win.
These institutions are experiencing a golden spring in their businesses. Between Tuesday and Wednesday, Wall Street's biggest banks reported their financial results. These institutions have boosted their profits, exceeding all analysts' forecasts. The sector is experiencing a golden age, thanks largely to the exuberance of the stock market and the boom in corporate dealmaking, despite the uncertainty about the U.S. economy.