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fromwww.npr.org
1 week ago

Trump advances TikTok deal with new executive order

President Trump gave his formal blessing on Thursday to a deal for a consortium of mostly U.S. investors to take over the short video app TikTok, signing an executive order green-lighting the spinoff and saying it has "good controls" in terms of security and safety. TikTok is owned by Beijing-based ByteDance, but a law passed last year requires the parent company to divest or the app will be banned in the United States over national security concerns.
US politics
US politics
fromwww.aljazeera.com
1 week ago

Investors rejoice over looming TikTok deal despite political concerns

TikTok's US operations will be divested from ByteDance with US investors—including Oracle, Silver Lake, and Andreessen Horowitz—holding control and a US-majority board.
US politics
fromThe Verge
1 week ago

Trump claims the US is about to get a tremendous fee for taking TikTok out of China

The Trump Administration is expected to seek a multibillion-dollar fee from US investors in exchange for approving a US takeover of TikTok's U.S. business.
US news
fromBusiness Insider
4 months ago

Saudi-US Investment Forum: Billionaires and CEOs talk Middle East optimism and spar over who's been in Saudi Arabia the most

Saudi Arabia is increasingly viewed as a capital destination for investors, reflecting its ambitious economic diversification plans.
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