The bankers definitely want in despite this being a heavy lift because the fees on an estimated $20-plus billion deal could be pretty rich.
Douyin, the Chinese equivalent of TikTok, is very different and "much more pro-social," NYU professor Jonathan Haidt told Business Insider in Davos.
TikTok was restored in the US after Trump (then the president-elect) said he would issue an executive order following his inauguration to extend the period before the law took effect. He signed that order Monday.
The new president is tossing out some of the biggest names in the tech world as possible buyers of TikTok’s US operations, most recently Microsoft. 'I like bidding wars because you make your best deals.
The billionaire declined to share details on his sources of financing, but said private equity firms and family offices have reached out.
General Atlantic CEO Says He Is Optimistic on TikTok Deal in the US DAVOS, Switzerland (Reuters) - The CEO of investment firm General Atlantic, a board member of TikTok's parent company, said on Thursday that he was optimistic that a deal to keep the short ...
As business titans and world leaders gathered Monday in Davos, Switzerland, for the opening of the annual World Economic Forum, all eyes were on President Donald Trump ’s taking power again in Washington.
He had in December 2024 announced a year-long ban on the social media platform. Read more at straitstimes.com.
ike the notion of banking on Trump's plan to try and lift at least part of TikTok, the controversial short-video app, out of Chinese control. DAVOS, Switzerland — President Donald Trump is ...
President Donald Trump has kicked off his second term with a flurry of executive actions on immigration, the economy, DEI and more.
President Donald Trump said Tuesday he is open to Elon Musk buying TikTok, and floated a proposal that the United States jointly own half the company. “I would be, if he wanted to buy it ...
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