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TIKTOK U.S. INVESTORS
Sarvam joins unicorn club; Razorpay lines up IPOFresh funding has propelled Sarvam AI into the unicorn club. This and more in today’s ETtech Top 5.
TikTok billionaire overtakes Mukesh Ambani as Asia’s second-richest personZhang’s net worth climbed to $92.8 billion, cementing his position as China’s richest person, according to the Bloomberg Billionaires Index...
Social media companies pay $27 million to settle Kentucky school district's lawsuit over social media harms, records showMeta settled the case brought by Breathitt County School District on May 21, a few weeks before a planned June trial, following earlier set...
Democratic senator wants TikTok US JV, Oracle to answer questions on platform safeguardsSenator Ed Markey has sought answers from TikTok's US joint venture and Oracle. The focus is on the security of American user data and prev...
Inside an African hotel where asylum seekers deported by the US are imprisonedAsylum seekers deported from the United States are being held against their will in Equatorial Guinea. The Trump administration struck a de...
US stocks today: S&P 500 hits record closing high on AI optimism, Micron joins $1 trillion clubUS stocks closed mixed with Nasdaq and S&P 500 hitting record levels as AI-driven optimism lifted tech and chip stocks. Micron surged into ...
Fervent and fake: High-glam AI avatars boost Trump ahead of midtermsClad in swimsuits or military fatigues, the blonde women lavish praise on President Donald Trump and tear into his rivals -- but these infl...
Australia moves to tax Meta, Google and TikTok to fund newsroomsAustralia plans to tax Meta, Google, and TikTok. This aims to fund news reporters. The government will introduce legislation by July 2. Pla...
China to curb US investment in tech companies: ReportChina is set to block top tech firms, including AI startups, from taking US money without official clearance. Regulators have told companie...
China to curb US investment in tech companies: ReportChinese regulators, including the National Development and Reform Commission, have recently instructed several private technology firms t...
Trump signs order declaring TikTok sale ready and values it at $14 billionDonald Trump's plan to sell TikTok's American operations is moving forward. A new American company will be formed. It will be valued at app...
Oracle, Silver Lake consortium to control 80% stake in TikTok in US, WSJ reportsTikTok's U.S. operations are poised to be controlled by a consortium including Oracle, Silver Lake, and Andreessen Horowitz, pending finali...
Blackstone exits group for TikTok bidBlackstone has withdrawn from the consortium seeking to invest in TikTok's U.S. operations amid uncertainty and delays in the deal, which i...
Big setback for TikTok US deal, Blackstone drops out of consortium bid orchestrated by Donald Trump, claims report. What will happen now?Blackstone’s reported exit highlights the complexities and uncertainties involved in the TikTok US deal.
China's ByteDance says TikTok will be its subsidiary under deal with Donald TrumpTrump signed an executive order on Aug. 14 giving ByteDance 90 days to sell TikTok, amid concerns that the personal data of as many as 100 ...
China's ByteDance gets Trump nod to avoid TikTok shutdown in the United StatesHe told reporters at the White House he backs the deal with TikTok owner ByteDance, Oracle and Walmart to create a new company that will as...
US investors, companies set to own majority stake in TikTok U.S. operationsThe new company, dubbed TikTok Global, will have a majority of American directors, a U.S. chief executive and a security expert on the boar...