1 week ago Oracle, Silver Lake, MGX Discuss 45% TikTok Stake, Board Seats

Oracle Corp., Silver Lake Management LLC, and the Abu Dhabi-based investment company MGX are in talks to invest in a US version of TikTok and receive board seats in the new venture, according to people familiar with the discussions.

Technology

2 w. ago Trump Says May Extend China Truce Alongside TikTok Talks With Xi

President Donald Trump indicated he could further extend his trade truce with Chinese President Xi Jinping when the leaders speak on Friday, in addition to brokering a sale for TikTok’s US operations.

Technology

3 w. ago Trump extends TikTok shutdown deadline for fourth time after reaching framework deal with China

WASHINGTON — President Donald Trump formally extended the deadline to keep the social media app TikTok available in the United States until Dec. 16, giving time to complete the framework of the deal announced Monday after talks between American and Chinese government officials. The executive order signed on Tuesday by Trump was the fourth time […]

Events

3 w. ago U.S. says a deal has been reached on TikTok, but details are sparse

A framework deal has been reached for the ownership of popular social video platform TikTok, U.S. Treasury Secretary Scott Bessent said after weekend trade talks between the U.S. and China in Spain.  Bessent said in a press conference after the latest round of trade talks between the worlds top two economies concluded in Madrid that […]

Technology

3 w. ago Trump suggests deal reached over the future of TikTok as he announces call with Xi

WASHINGTON (AP) — A meeting between U.S. and Chinese officials went well and a deal was reached regarding “a ‘certain’ company that young people in our Country very much wanted to save,” President Donald Trump posted on his social media site on Monday. Trump’s comment suggests that the company is TikTok, the social media company […]

Technology

3 w. ago Bessent will meet Chinese officials in Spain for trade and TikTok talks

WASHINGTON (AP) — U.S. Treasury Secretary Scott Bessent will travel to Madrid this weekend for negotiations with his Chinese counterparts over tariffs and national security issues related to the ownership of social media platform TikTok. Bessent is slated to meet Chinese Vice Premier He Lifeng in Madrid to discuss national security and economic issues, a […]

Economics