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US politics
fromFast Company
2 weeks ago

Billionaire investor Frank McCourt is not giving up on his dream of acquiring TikTok

Frank McCourt is investigating the legality of the Trump administration's TikTok sale, citing missing information and unresolved national security concerns.
Business
fromThe Motley Fool
2 weeks ago

Tariffs, Social Shopping, and an EV Reset | The Motley Fool

2025 tariffs haven't caused expected economic harm; TikTok's U.S. sale could reshape social commerce, and EV demand faces pressure after federal tax-credit expiry.
fromBusiness Insider
3 weeks ago

Trump posts message for Gen Zers on TikTok: 'You owe me big'

Trump said Oracle and its CEO, Larry Ellison, will be part of the deal. Analysts had previously estimated that TikTok was worth significantly more. China and TikTok have yet to comment on where things stand. White House press secretary Karoline Leavitt said Oracle would "audit" TikTok's algorithm and oversee its retraining. Control of the algorithm has long been a major sticking point in any sale.
US politics
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US politics
fromBusiness Insider
1 month ago

TikTok finally cut a deal, but there's still plenty of uncertainty about what comes next

President Donald Trump approved a roughly $14 billion sale of TikTok to a US-controlled investor consortium, leaving significant unanswered questions about ownership and oversight.
fromFast Company
1 month ago

Trump's new executive order declares TikTok's value, and its far lower than analysts' estimates

President Donald Trump signed an executive order on Thursday declaring that his plan to sell Chinese-owned TikTok's U.S. operations to U.S. and global investors will address the national security requirements in a 2024 law. The new U.S. company will be valued at around $14 billion, Vice President JD Vance said, putting a price tag on the popular short video app far below some analyst estimates.
US politics
US politics
fromAxios
1 month ago

Trump signs order allowing TikTok deal to proceed

Proposed sale would move TikTok U.S. operations to an investor group with U.S. control, unclear ownership, and a roughly $14 billion valuation.
fromBusiness Insider
1 month ago

Trump approved a $14 billion TikTok deal in an executive order, and employees have big questions

President Donald Trump issued an executive order on Thursday giving his approval for a sale of TikTok's US business to a buyer consortium. Vice President JD Vance said Thursday that the deal would value TikTok US at $14 billion. The exact make-up of the new consortium has not yet been revealed. Trump said on Thursday that Oracle and Larry Ellison would be part of the new ownership.
US politics
fromThe Atlantic
1 month ago

The MAGA Media Takeover

we have seen a tech titan gut a once-great newspaper in an apparent act of capitulation to the commander in chief, government accounts gleefully spreading hateful memes on X (the far-right platform owned by a billionaire tech oligarch), a defamation lawsuit filed by Trump against The New York Times (and quickly dismissed by the judge as "superfluous"), and, of course, the assault on free speech carried out by Trump's Federal Communications Commission chairman.
US politics
US politics
fromTechzine Global
1 month ago

Oracle to oversee TikTok algorithm after Trump deal

TikTok will be moved under U.S. control through a new American company with Oracle overseeing the recommendation algorithm and U.S. user data stored domestically.
Media industry
fromFortune
1 month ago

Murdochs, burned on MySpace, seek return to social with TikTok | Fortune

Fox Corp. may invest in TikTok, giving the Murdoch media empire access to 170 million US users to promote TV and streaming programming.
US politics
fromwww.theguardian.com
1 month ago

Trump says Rupert and Lachlan Murdoch likely part of US TikTok investor group

Rupert Murdoch and son Lachlan Murdoch will probably join a U.S. investor group planning to buy TikTok.
World news
fromThe Verge
1 month ago

So... is there a TikTok deal or not?

China and the US have made progress toward permitting ByteDance to sell TikTok to a U.S. consortium, but approval remains ambiguous.
Mobile UX
fromGSMArena.com
1 month ago

China may finally sell TikTok to US investors but keep the algorithm

China and the U.S. have reached a basic framework to license TikTok's algorithm and IP; specifics, investors, and approvals remain unresolved.
fromSocial Media Today
1 month ago

US Government Says TikTok Sell Off Deal Has Been Agreed Upon

According Bessent, the proposed deal is " between two private parties," with the key commercial terms already agreed upon, ahead of this week's TikTok sell-off deadline in the U.S. The big Trade Meeting in Europe between The United States of America, and China, has gone VERY WELL! A deal was also reached on a 'certain' company that young people in our Country very much wanted to save. They will be very happy! I will be speaking to President Xi on Friday."
World news
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