Who could buy TikTok?
CNN
The clock has begun ticking for TikTok to find a new owner.
The clock has begun ticking for TikTok to find a new owner. President Joe Biden signed legislation Wednesday that would ban TikTok in the United States unless its Chinese parent, ByteDance, sells the app. TikTok plans to challenge the law in court, but if it fails, the company would have to find a buyer, and fast. That raises the question of who the US government might view as a suitable new owner of a social media platform with 170 million US users and a rising challenger to legacy social media giants such as Facebook-parent Meta. The prospect of a TikTok sale could lead to a potential feeding frenzy, drawing out everyone from tech companies to retailers and private equity firms and investment bankers. And an added headache for any potential buyer: China’s commerce ministry has previously said it would “firmly oppose” any forced sale of TikTok. There’s no apparent consensus on a favorite bidder yet. But some candidates seem more likely than others, legal experts and business analysts say.
Run 3 Space | Play Space Running Game
Traffic Jam 3D | Online Racing Game
Duck Hunt | Play Old Classic Game
The ‘AI bubble’ isn’t bursting, but tariff chaos is helping deflate it
Loyal Newsmax viewers who listened to the channel’s entreaties last year and lined up to buy $10-per-share stakes in the company are feeling pretty rich right about now. Those shares are currently worth more than $130 each.
Ford reported a strong start to the year as car buyers flooded dealerships to buy cars ahead of the threat of tariffs that could raise prices.
President Donald Trump has kept his promise on tariffs — so much so that it’s freaking out investors, economists, CEOs and a growing segment of the population who fear the import taxes will do more harm than good.
President Donald Trump says he “couldn’t care less” if car prices rise because of his tariffs. They will – whether he wants them to or not.
Europe has “a strong plan” for striking back at the United States in response to Donald Trump’s tariff hikes “if necessary,” a top official said Tuesday on the eve of a long-anticipated announcement of massive import levies by the US president.
Each year, when the Larry Fink letter goes out, it’s required reading on Wall Street. The CEO of BlackRock, the world’s largest asset manager, pens a memo to shareholders that quickly becomes gospel. It was Fink’s 2018 letter, for example, that helped catalyze interest in do-gooder investing known as ESG (for environmental, social and governance) — a term he later swore off amid Republican backlash.
America’s economic engine is running a little rough these days.
President Donald Trump signed an executive order on Monday aimed at ending price gouging for ticket resales in the live entertainment industry.
Hooters — the restaurant chain first known for its orange-clad, all-female wait staff and then its chicken wings — filed for bankruptcy, the company announced Monday. But the decades-old brand said it isn’t going anywhere.