The bankers definitely want in despite this being a heavy lift because the fees on an estimated $20-plus billion deal could be pretty rich.

Douyin, the Chinese equivalent of TikTok, is very different and "much more pro-social," NYU professor Jonathan Haidt told Business Insider in Davos.

A board member at TikTok’s parent company said that a deal to save the app from disappearing in the United States will be done soon.

The new president is tossing out some of the biggest names in the tech world as possible buyers of TikTok’s US operations, most recently Microsoft. 'I like bidding wars because you make your best deals.

The billionaire declined to share details on his sources of financing, but said private equity firms and family offices have reached out.

Keep an eye out for Dan's daily dispatches in this newsletter for the latest at Davos. In today's big story, we're looking at another executive order Trump signed last night: pausing enforcement of the TikTok ban for 75 days. What's on deck Markets ...

He had in December 2024 announced a year-long ban on the social media platform. Read more at straitstimes.com.

As business titans and world leaders gathered Monday in Davos, Switzerland, for the opening of the annual World Economic Forum, all eyes were on President Donald Trump ’s taking power again in Washington.

ike the notion of banking on Trump's plan to try and lift at least part of TikTok, the controversial short-video app, out of Chinese control. DAVOS, Switzerland — President Donald Trump is ...

President Donald Trump issued a barrage of executive orders that were aimed squarely at markets and your money — but what will they actually do?

"Come make your product in America and we will give you among the lowest taxes of any nation on earth ... But if you don't make your product in America, which is your prerogative, then very simply you will have to pay a tariff," Trump said.

DAVOS, Switzerland (Reuters) -U.S. businessman Frank McCourt is open to teaming up with other buyers on a bid to take over the U.S. operations of TikTok as long as he can maintain control of the asset, he told Reuters at the Davos event on Thursday.