TikTok plans to launch a separate U.S.-only app by September 2025 amid pressure to sell its American operations.
Tags: US
SoftBank Offloads Nvidia Stake for $5.8B, Trims T-Mobile Holdings to Fund $22.5B OpenAI Investment
SoftBank is divesting assets, including Nvidia and T-Mobile shares, to fund its $22.5 billion investment in OpenAI, highlighting its shift towards AI focus.
Bill Ackman's Bet on Beleaguered Hertz is Up 90% as Stock Jumps 35% After First Profits in Two Years
Bill Ackman's Pershing Square has bought over 15.2 million Hertz shares since Q4 2024, with profits exceeding 90% after the company reports its first profits in two years.
Warren Buffett's $107M Q2 Investment in Door Security Tech Company Allegion has Already Gained 20%
Berkshire Hathaway's Q2 investment in Allegion has yielded 20% profit, driven by global expansion, strong Q3 results, and effective tariff management, boosting investor confidence.
US–China Trade War Expands to the Seas With New Port Fees on Each Other's Ships
The US–China trade war extends to the seas as both nations impose new port fees on each other's ships, raising global shipping costs.
Latest News
The U.S. has sanctioned individuals and companies tied to a North Korean scheme using fake American tech identities to fund its missile program.
China confirms eased U.S. export curbs but warns the trade truce remains fragile ahead of key tariff deadline.
Apple, Google, and other Big Tech firms received letters from the US Justice Department on the short-lived TikTok ban.
Oil prices surge over 2% after surprise U.S. airstrikes on Iranian nuclear sites spark fears of conflict and supply disruptions in the Middle East.
US and China reduce tariffs temporarily, but uncertainty remains over the future of their trade deal.
China says the US requested trade talks in Switzerland, but Trump disputes the claim amid ongoing tariff tensions.
Air travel between Canada and the U.S. has dropped sharply amid rising tariff concerns, with bookings falling over 70% as airlines cut capacity.
China retaliates with new tariffs on US imports and launches an antitrust probe into Google amid escalating trade tensions.
China bans gallium, germanium, and antimony exports to the U.S., citing national security, following recent US semiconductor restrictions, straining global supply chains.
