TikTok

A surge of TikTok influencers are targeting American consumers with videos that claim to reveal the Chinese factories behind major brands like Nike, Inc. (NYSE:NKE) and Lululemon Athletica, Inc. (NASDAQ:LULU). The influencers claim that viewers can bypass President Donald Trump's tariffs by...

On Monday, Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg testified in a Washington, D.C., courtroom. What Happened: The Federal Trade Commission (FTC) and Meta opened arguments in a trial that could lead to the forced divestiture of Instagram and WhatsApp, reported CBS News. "There's...

These past three months were not what U.S. dealmakers wanted or expected. As of April 3, transaction tracker Dealogic showed zero percent growth in U.S.-based M&A volume compared to last year’s first quarter. Elsewhere? Volume is spiking triple digits. The Middle East and Africa combined...

AppLovin Corporation (NASDAQ:APP) shares were trading lower in premarket hours on Friday after the company confirmed it had submitted a preliminary expression of interest to the U.S. President regarding a potential acquisition of TikTok’s operations outside of China. “This indication of...

On Thursday, President Donald Trump confirmed that the U.S. is nearing a deal to spare TikTok from a potential ban, with ongoing discussions involving multiple investors and a possible tariff agreement with China. What Happened: During remarks aboard Air Force One, Trump said, “We're very...

Tim Stokely, the founder of OnlyFans, and a cryptocurrency foundation have joined forces to place a late-stage bid for the acquisition of TikTok’s U.S. operations from ByteDance. What Happened: The bid was put forth this week by Zoop, Stokely’s latest venture, and the HBAR...

Entrepreneur and investor Mark Cuban is one of several backers of a pre-seed round of Skylight, a startup seeking to rival TikTok, an app that could have new owners in the U.S. soon. What Happened: Skylight uses the AT Protocol, the same technology that helps social network Bluesky, which is one of...

The White House is set to hold a meeting on Wednesday with key officials to discuss the future of TikTok, as the app faces an April 5 deadline to secure a non-Chinese buyer or face a potential U.S. ban. What Happened: President Donald Trump is scheduled to consider a final proposal related to...

President Donald Trump told reporters on Sunday that an agreement to sell TikTok’s U.S. operations to a non-Chinese buyer is expected to be finalized before the April 5 deadline.  The Details: President Trump set the Saturday deadline for a sale in January under a 2024 law requiring ByteDance...

President Donald Trump could consider offering tariff relief to China to help finalize a sale of TikTok, as the clock ticks toward a government-imposed deadline for its parent company, ByteDance, to divest the app. What Happened: Speaking to reporters on Wednesday, Trump said he was open to...

Man Sentenced To 78 Months In Prison For Tax Crimes, Investment Fraud Rick Tariq Rahim of Great Falls, Virginia was sentenced on Friday to 78 months in prison for tax crimes and a wire fraud scheme.  Rahim owned multiple businesses, including laser tag facilities and an Amazon reseller, failed...

On Friday, Vice President JD Vance said that a deal to keep TikTok operating in the U.S. under American ownership is close to being finalized ahead of the April 5 deadline. What Happened: In an interview with NBC News aboard Air Force Two, Vance expressed optimism that a framework to create "a...

Oracle Corp (NYSE:ORCL) has built a solid AI narrative, with its cloud business, government contracts and a role in the high-profile Stargate initiative. But is all this enough to justify its steep valuation? Especially as the company heads towards reporting its third quarter earnings on Monday....

Alexis Ohanian, co-founder of Reddit Inc. (NYSE:RDDT), announced his intentions to acquire TikTok’s U.S. operations and transition it to a blockchain-based platform on Tuesday. What Happened: Ohanian confirmed the ambitious plan via an X post, stating, “I’m officially...

Reddit Inc. (NYSE:RDDT) co-founder and venture capitalist Alexis Ohanian has joined Frank McCourt's bid to acquire TikTok's U.S. operations, as competition intensifies with rival groups that include YouTube star Jimmy Donalson, aka MrBeast, tech entrepreneur Jesse Tinsley, and Wyoming investor Reid...