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.
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.
The U.S. Treasury Department on Friday imposed sanctions on alleged hacker Yin Kecheng and cybersecurity company Sichuan Juxinhe Network Technology Co., accusing both of being involved in a series of hacks against American telecom companies.
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 ...
On the campaign trail last year, President Donald Trump talked tough about imposing tariffs as high as 60 per cent on Chinese goods and threatened to renew the trade war with China that he launched during his first term.
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 sudden popularity of the Chinese chatbot drove a huge plunge in shares of Nvidia. But other A.I. powerhouses rallied. Here’s why.
President Donald Trump has kicked off his second term with a flurry of executive actions on immigration, the economy, DEI and more.